Heritage Foods Limited | 32nd Annual Report 2023-24

STRATEGIC REVIEW 4
About Us 4
Our Presence 6
Toned for Growth 8
Our Offering 10
Built to Last 12
Awards and Accolades 14
Leadership Statements 16
Our Board 22
Managing Our Capitals 24
People Excellence 28
Building Brands 30
Our Approach to ESG 32
Our Investment Case 35
Heritage Nutrivet 36
Heritage Novandie 37
10-Year Financial Highlights 38
Corporate Information 39
STATUTORY REPORT 41
Notice 41
Board’s Report 55
Business Responsibility & Sustainability Report 95
MDA 127
Report on Corporate Governance 143
FINANCIAL STATEMENTS 173
Independent Auditor’s Report - Standalone 173
Standalone Financial 184
Independent Auditor’s Report - Consolidated 235
Consolidated Financial 243

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