Heritage Foods Limited

Heritage Foods Limited 76 Annexure - 1 FORM NO. AOC-2 (Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014) Form for disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub-section (1) of section 188 of the Companies Act, 2013 including certain arms length transactions under third proviso thereto 1. Details of contracts or arrangements or transactions not at arm’s length basis : There were no contracts or arrangements or transactions entered into during the year ended 31 st March, 2021, which were not at arm’s length basis. 2. Details of contracts or arrangement or transactions at arm’s length basis: Sr. No. Name(s) of the related party Nature of Relationship Nature of contracts/ arrangements/ transactions Value of contracts/ arrangements/ transactions during the Year ( ` In Millions) Duration of contracts/ arrangements/ transactions 1 Heritage Nutrivet Limited (HNL) Wholly Owned Subsidiary Company Investment made (including fi nancial guarantee) 1.00 During FY 2020-21 Sale of products 5.15 Case to case purchase order/Invoice Financial guarantee income 2.38 During FY 2020-21 Purchases 549.24 Case to case purchase order/Invoice Lease rental income 0.54 Yearly basis Purchase/(sale) of Property, plant and equipment (0.14) Case to case purchase order/Invoice Expenditure incurred on behalf of HNL 0.75 During FY 2020-21 Brand income 3.46 Yearly basis 2 Heritage Novandie Foods Private Limited (HNFPL) Joint Venture Company Investment made (including fi nancial guarantee) 74.64 During FY 2020-21 Sale of products 0.10 Case to case purchase order/Invoice Financial guarantee income 1.23 During FY 2020-21 Lease rental income 0.95 Yearly basis Expenditure incurred on behalf of HNFPL 1.86 One time transaction 3 Heritage Farmers Welfare Trust Controlled Trust Lease rental income 0.13 Yearly basis Purchase of Property, plant and equipment 1.45 Case to case purchase order/Invoice 4 Heritage Finlease Limited Enterprises in which Key Managerial Persons exercise signi fi cant in fl uence. Remittance of loan proceeds collected on behalf of Heritage Finlease Limited 1,012.12 Case to case basis Disbursement of loans to employees of the Company 17.92 Case to case basis Cattle loan facilitation charges 2.03 Monthly basis