FCONSUMERNSEFuture Consumer LimitedMediumNeutral
Announced Thu, 19 Jun · 15:23 IST

FUTURE CAPITAL INVESTMENT PRIVATE LIMITED For and On behalf of Promoter, Promoter Group and Persons Acting in Concert of the Company has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Future Capital Investment Private Limited, on behalf of the promoter group and persons acting in concert of Future Consumer Limited, has filed its yearly declaration under SEBI Takeover Regulations. The promoter confirms that no new encumbrance (such as pledge or lien) has been created on the company's shares during FY 2024-25, apart from what was already disclosed earlier. The filing includes the list of promoter group entities, primarily Biyani family members and related trusts/companies. Three erstwhile promoter entities — Future Enterprises Limited, Central Departmental Stores, and Future Corporate Resources — have been excluded because they are currently under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order. Illusie Produkt Private Limited has also been excluded as it is being struck off and holds no shares in the company.

Likely market impact

This is a routine annual compliance filing and does not indicate any change in promoter shareholding or new pledging activity. Shareholders should note that several promoter group entities are under insolvency proceedings, which already affects the overall promoter structure of the company.