NCLT hearing update: SBI vs Future Consumer adjourned to 24 March 2026

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Price reaction

Awaiting price reaction for this filing.

AI summary

State Bank of India filed a case against Future Consumer at the NCLT Mumbai. The company has filed its reply. SBI requested time to file a rejoinder, and the matter has been adjourned to 24 March 2026. This is a routine procedural update, not an order admitting insolvency. The company will continue to share updates.

Likely market impact

No immediate resolution; proceedings are still at early stage. Watch for next hearing outcome which could affect debt and equity holders.