FCONSUMERNSEFuture Consumer LimitedCriticalNegative
Announced Thu, 20 Aug · 13:21 IST
Future Consumer: Resolution Professional appointed by CoC
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Future Consumer has informed exchanges that the Committee of Creditors has approved the appointment of Aegis Resolution Services Pvt Ltd, acting through Mr Avil Menezes, as the Resolution Professional of the company. The CoC voting concluded on 18 August 2026. This confirms the company is under the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code.
Likely market impact
Company is under IBC insolvency process. Board is superseded, equity holders face high risk of dilution or write-off.