
Future Consumer Ltd
Future Consumer Ltd Company History
Future Consumer is engaged in the business of sourcing, manufacturing, branding, marketing and distribution of fast moving consumer goods (“FMCG”), Food and Processed Food Products in Urban and Rural India.(Source : 202303 Annual Report Page No: 98)
1996
Incorporated as Subhikshith Finance & Investments Limited.
1996
1997
Granted certificate of registration by the RBI to carry on the business of an NBFC as a "non-deposit
taking company."
1997
2001
Converted from a public limited company to a private limited company.
2001
2007
RBI granted a fresh certificate of registration to carry on business of a NBFC as a "non-deposit
taking company" on change of name to Subhikshith Finance & Investments Private Limited.
Subhikshith Finance & Investments Private Limited became a wholly-owned subsidiary of
Pantaloon Future Ventures Limited (now known as Future Value Retail Limited). The name of
the Company was changed to Future Ventures India Private Limited.
Company was converted to a public limited company and the name of the Company was
changed to Future Ventures India Limited.
RBI granted a fresh certificate of registration to carry on the business of a NBFC as a "nondeposit
taking company" on change of name to Future Ventures India Limited.
Company entered into agreements to purchase securities of Biba Apparels Private Limited,
Sankalp Retail Value Stores Private Limited and SSIPL Retail Private Limited.
2007
2008
Company entered into agreements to purchase securities of Footmart Retail (India) Limited,
Convergem Communications (India) Limited, Aadhaar Retailing Limited, Indus-League
Clothing Limited, Lee Cooper (India) Limited, Celio Future Fashions Limited, Indus Tree Crafts
Private Limited, AND Designs India Limited, Turtle Limited subject to completion of conditions
precedent.
Company entered into a consulting and advisory services agreement with Future Capital
Holdings Limited.
Company opted for conversion of 7,000 fully convertible debentures into equity shares of Biba
Apparels Private Limited.
2008
2009
Company entered into an agreement for purchase of securities of Star Shopping Centres Private
Limited.
The registered office of the Company was shifted from the State of Tamil Nadu to the State of
Maharashtra.
Company made investments in the equity shares and preference shares of Lee Cooper (India)
Limited.
Company increased its stake in Indus-League Clothing Limited and AND Designs India Limited.
Company made investments in Holii Accessories Private Limited.
2009
2010
Company transferred its entire shareholding in Celio Future Fashions Limited, Lee Cooper
(India) Limited and Turtle Limited in favour of Indus-League Clothing Limited, a subsidiary of
the Company.
Company transferred its entire shareholding in Star Shopping Centres Private Limited in favour
of Future Realtors (India) Private Limited and divested its stake in the aforesaid company in
July, 2010.
Company transferred its entire shareholding in Sankalp Retail Value Stores Private Limited and
Foot Mart Retail India Limited to JuhiÂs Idea Mercantile Private Limited and Blessings
Mercantile Private Limited, respectively.
Company made investments in the equity shares of Capital Foods Exportts Private Limited,
Future Consumer Enterprises Limited and Future Consumer Products Limited, and increased its
shareholding in Indus-League Clothing Limited and Indus Tree Crafts Private Limited.
Company issued Equity Shares increasing the paid-up equity share capital of the Company by
45,740 lakhs.
Company subscribed to 9,200 equity shares issued by BIBA Apparels Private Limited.
Company entered into a share purchase agreement with Sanjay Bindra for purchase of 11,750
equity shares of BIBA Apparels Private Limited.
Company entered into a share transfer cum purchase agreement with Sanjay Bindra, Punita
Bindra, Siddharth Bindra and Meena Bindra for purchase of up to 94,000 equity shares of BIBA
Apparels Private Limited.
Company acquired 2,50,000 equity shares of Indus-League Clothing Limited from Pantaloon
Employees Welfare Trust.
2010
2011
Company subscribed to 10,00,000 equity shares issued by Holii Accessories Private Limited.
Company subscribed to 17,50,000 equity shares issued by Aadhaar Retailing Limited.
Company entered into a share subscription agreement and a shareholders agreement with
Idream Holdings Private Limited, Shripal Morakhia, Samir Patil and Amar Chitra Katha Private
Limited for subscribing to 122,598 equity shares of Amar Chitra Katha Private Limited.
Company transferred its entire shareholding in SSIPL Retail Private Limited to its subsidiary,
Indus-League Clothing Limited.
2011
2012
Announcement for Subsidiary Company - Indus Tree Crafts Private Limited.
Announcement for subsidiary companies - Karadi Tales Company Pvt. Ltd. and Karadi Path Education Company Pvt. Ltd.
Company has made further investment in Clarks Future Footwear Limited.
"Investment in Indus-League Clothing Limited (ILCL)."
"Investment in Holii Accessories Private Limited (Holli)".
Future Ventures India Ltd informed that it has acquired 100 per cent equity share capital of Star and Sitara Wellness Pvt Ltd (SSWPL) for a consideration of Rs 1 lakh.
2012
2013
Change in name of the Company from "Future Ventures India Limited" to "Future Consumer Enterprises Limited".
The name of ÂFuture Consumer Enterprises Limited, a subsidiary of the Company, has been changed to ÂFuture Food and Products Limited vide fresh Certificate of Incorporation granted by the Registrar of Companies, Maharashtra, Mumbai.
The Company has acquired 100% shareholding in Future Agrovet Ltd.
"Future Group brings Sunkist Brand to India".
Future Group launches Sunkist brand in India.
2013
2014
"Future Group brings Sunkist Brand to India".
FCEL acquires Niligiris convenience stores chain.
2014
2015
Future Consumer Enterprise Ltd Acquisition of Business Undertaking
Patanjali Ayurved and Future Group Join Hands
Future Group Partners With Mibelle Group
2015
2016
The Company has changed to Future Consumer Ltd. and symbol be changed from FCEL to FCONSUMER w.e.f. October 25, 2016
Future Consumer launches Oats brand Kosh s IndiaÂs third grain
FCEL, A Part of Future Group Launches Desi Atta Company Atta & Instant Mix Range
International Finance Corporation to Invest US$20 million in Future Consumer Enterprises Limited
FCELÂS New Products Out To Showcase
2016
2017
Future Group taps start-ups to unlock consumer data
Future Consumer - Spurt in Volume
Nourish your skin with the finest body care products from Swiss Tempelle
Future Group launches a premium gourmet gifting brand  Gruezi
Tasty Treat launches a new snacking munch  POP CORN
Future Consumer Limited introduces POOOF
2017
2018
Future Consumer Limited has informed to acquisition of entire stake in Affluence Food Processors Private Limited held by E.K. Sons Agro Foods and the Promoters of Affluence.
Future Consumer enters 50:50 JV with NZ's dairy firm Fonterra.
2018
2019
Future Consumer Limited has informed he is entering into an arrangement with the Middle East leading chain of retail supermarkets,T Choithrams & Sons. FCL and Choithrams have identified an opportunity to strategically partner across the UAE.
FCL Tradevest Private Limited ('FCL Tradevest'), wholly owned subsidiary of the Company has completed acquisition of 100% stake of Avante Snack Foods Private Limited.
2019