Future Consumer Insolvency Petition
Future Consumer Limited announced the publication of Form G, inviting expressions of interest from prospective resolution applicants under the ongoing corporate insolvency resolution process.
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Future Consumer Limited announced the publication of Form G, inviting expressions of interest from prospective resolution applicants under the ongoing corporate insolvency resolution process.
Future Consumer Limited has scheduled its second Committee of Creditors meeting for August 27, 2026. Key agenda items include approving invitations for Expressions of Interest and insolvency costs.
Future Consumer Limited announced the 2nd meeting of the Committee of Creditors scheduled for August 18, 2026, to discuss insolvency resolution processes.
Future Consumer Limited has entered the Corporate Insolvency Resolution Process (CIRP) following an NCLT order. The default amount alleged by the creditor is ₹263.77 Crore.
Future Consumer Limited announced the first meeting of its Committee of Creditors scheduled for August 6, 2026, pursuant to the ongoing corporate insolvency resolution process.
NCLT Mumbai Bench has admitted an insolvency petition against Future Consumer Limited. The petition was filed by Resurgent India Special Situations Fund under Section 7 of IBC.
Future Consumer's subsidiaries, Aadhaar Retailing and Nilgiri Dairy, will each incorporate new wholly owned subsidiaries. This expansion aims to strengthen the group's retail and dairy footprints.
Future Consumer provided an update on its NCLT case with State Bank of India. The matter is scheduled for further hearing on June 8, 2026.
Future Consumer Limited announced a delay in submitting audited financial results for the year ended March 31, 2026. Trading windows remain closed until 48 hours after declaration.
Future Consumer Limited's board did not approve FY26 audited financial results due to ongoing preparation and audit processes. The company's trading window remains closed.
Future Consumer Limited scheduled a board meeting on May 29, 2026, to approve audited annual financial results. The company's trading window remains closed until May 31.
Future Consumer Limited provided an update on the NCLT hearing regarding a case filed by State Bank of India. The Tribunal granted the company one week to reply to an amended form filed by SBI. The matter is adjourned to June 4, 2026.
Future Consumer Limited provided an update on its NCLT hearing against Resurgent India Special Situations Fund. The Tribunal directed parties to file written submissions within specific timelines. The matter is now adjourned to June 8, 2026, for further hearing. This constitutes a routine update on active litigation.
Future Consumer Limited provided an NCLT update regarding a case filed by Resurgent India Special Situations Fund. The Company argued that the claim is barred by limitation, citing defaults dating back to May 2022. The matter has been adjourned to April 17, 2026, for further hearing and additional arguments.
Mohite Industries Ltd reported a default of ₹2,905.79 Crore on bank loans and revolving facilities as of March 31, 2026. The company's total financial indebtedness stands at ₹7,615.15 Crore. This disclosure follows mandatory SEBI reporting requirements for listed entities defaulting on interest or principal repayments.
Future Consumer Ltd reported a total financial indebtedness of ₹615.67 Crore as of March 31, 2026. This includes a ₹325.26 Crore default on bank loans and ₹290.41 Crore on unlisted debt securities (NCDs). The company is currently working on asset monetization and debt reduction strategies to address these liabilities.
Future Consumer Limited submitted a clarification to the NSE regarding its financial results. The company rectified a legibility issue with its machine-readable filing and corrected an XBRL discrepancy where the second quarter results were erroneously marked as half-yearly. These administrative corrections ensure regulatory compliance and data accuracy for investors.
Future Consumer Ltd reported a net loss of ₹27.8 Cr for Q3 FY26.