Future Consumer Ltd.

The Company was originally incorporated as Subhikshith Finance &
 Investments Limited on July 10, 1996 and commenced business on August
 2, 1996 in Tamil Nadu. The RBI granted a certificate of registration
 dated March 9, 1998 permitting the Company to carry on the business
 of a NBFC as a non-deposit taking company. The Company became a
 private limited company on August 10, 2001 and its name was
 consequently changed to Subhikshith Finance &  Investments Private
 Limited (Subhikshith). The Registrar of Companies, Tamil Nadu issued
 a fresh certificate of incorporation on September 17, 2001. The RBI
 granted a certificate of registration dated June 18, 2007 consequent
 to the change of name permitting the Company to carry on the business
 of a NBFC as a non-deposit taking company. The Company was engaged in
 the business of granting loans and financing.
 
 
 On July 14, 2007 Pantaloon Future Ventures Limited (PFVL) (name has
 been changed to Future Value Retail Limited on November 16, 2009) the
 wholly owned subsidiary of Pantaloon Retail (India) Limited acquired
 2,93,700 Equity Shares of face value ` 10 each, constituting 100% of
 the total issued, subscribed and paid-up share capital of Subhikshith
 through a share purchase agreement dated July 3, 2007 between PFVL, R.
 Sankar, V. Thirumalai and
 Subhikshith . In consideration of the purchase, PFVL paid an
 aggregate sum of ` 58 lakhs to R. Sankar and V Thirumalai. Pursuant
 to the acquisition, Subhikshith became a wholly owned subsidiary of
 PFVL.
 
 
 The Company changed its name from Subhikshith Finance & Investments
 Private Limited to Future Ventures India Private Limited through a
 special resolution passed at the EGM of the Company held on July 19,
 2007. The fresh certificate of incorporation consequent on change of
 name was granted by the ROC to the Company on August 9, 2007.
 Further, upon ceasing to be a private limited company, the word
 private was deleted through a special resolution at the EGM of the
 Company held on August 10, 2007. The fresh certificate of
 incorporation consequent to
 the change of name was granted by the ROC to the Company on September
 7, 2007.
 
 Major Events
 
 Fiscal Year
 1996
 
 Incorporated as Subhikshith Finance & Investments Limited.
 
 1997
 
 Granted certificate of registration by the RBI to carry on the
 business of an NBFC as a non-deposit
 taking company.
 
 2001
 
 Converted from a public limited company to a private limited
 company.
 
 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.
 
 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.
 
 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.
 
 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 Juhi’s 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.
 
 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.
 
 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.
 
 2013
 -Change in name of the Company from Future Ventures India Limited to
 Future Consumer Enterprises Limited.
 -The name of ‘Future Consumer Enterprises Limited, a subsidiary of
 the Company, has been changed to ‘Future 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.
 
 2014
 -Future Group brings Sunkist Brand to India.
 - FCEL acquires Niligiris convenience stores chain.
 
 2015
 -Future Consumer Enterprise Ltd Acquisition of Business Undertaking
 -Patanjali Ayurved and Future Group Join Hands
 -Future Group Partners With Mibelle Group
 
 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 India’s 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
 -FCEL’S New Products Out To Showcase
 
 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
 
 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.
 
 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.