Future Consumer Limited did not approve the audited financial results for the financial year ended March 31, 2026, at its Board meeting held on May 29, 2026. The company stated that the preparation of accounts and the audit process are still continuing, preventing the Board from transacting the approval of the annual audited financial results for both standalone and consolidated entities. Consequently, the submission of these results to the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been delayed.

The Board meeting, which commenced at 11:15 am and concluded at 11:35 am, was convened following a notice dated May 26, 2026. While the agenda included the consideration and adoption of the audited financial results for the quarter and year ended March 31, 2026, the item could not be completed. Future Consumer Limited will declare the financial results upon completion of the statutory audit and provide intimation to the stock exchanges in due course.

Regulatory and Trading Window Implications

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of Future Consumer Limited shall remain closed. This closure will persist until the declaration of the financial results for the financial year ended March 31, 2026, and for forty-eight hours thereafter.

Meeting Details

The intimation regarding the outcome of the meeting and the delay was signed by Samson Charuvil Samuel, Managing Director of Future Consumer Limited. The company's scrip codes are 533400 on BSE Limited and FCONSUMER on National Stock Exchange of India Limited.

Future Consumer Limited has announced that the National Company Law Tribunal (NCLT) hearing in the case filed by State Bank of India (SBI) against the company has been adjourned to June 4, 2026. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Case Proceedings Update

During the hearing, counsel for Future Consumer Limited submitted that the financial creditor had breached the timeline for amending Form-1 and had only recently served the amended document. Consequently, the company requested additional time to file its reply to the amended form. The counsel for the financial creditor explained that the delay was caused by the unavailability of bank officials due to year-end closing and audit procedures.

The Hon'ble Tribunal, after hearing both parties, granted the company one week to file its reply to the amended Form-1. The matter has been adjourned accordingly, with the next hearing scheduled for June 4, 2026.

Background and Compliance

This development follows the company's earlier disclosure dated March 24, 2026, which informed the exchanges about the filing of the case at NCLT (Mumbai) by State Bank of India. Future Consumer Limited has committed to providing further updates on the matter as required under SEBI Listing Regulations.

The communication was signed by Samson Charuvil Samuel, Managing Director of Future Consumer Limited, on April 23, 2026. The company maintains its corporate office at Sobo Brand Factory, Near Haji Ali, Tardeo, Mumbai, with its registered office at Knowledge House, Jogeshwari (East), Mumbai.

Key Details