Future Consumer Limited has received regulatory compliance confirmation from its registrar and transfer agent regarding the dematerialisation of securities for the quarter ended March 31st, 2026. The confirmation certificate was issued by MUFG Intime India Private Limited under SEBI's regulatory framework.

Regulatory Compliance Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the confirmation certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was dated April 3, 2026, and addressed to Future Consumer Limited's compliance officer.

Dematerialisation Process Verification

The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly confirmed to depositories. MUFG Intime India verified that all securities comprised in the certificates have been listed on stock exchanges where Future Consumer Limited's earlier issued securities are already listed.

The registrar confirmed completion of several critical processes:

• Securities received for dematerialisation were confirmed or rejected as appropriate
• Security certificates were mutilated and cancelled after due verification by depository participants
• Depositories' names were substituted in the register of members as registered owners
• All processes were completed within prescribed regulatory timelines

About MUFG Intime India

MUFG Intime India Private Limited operates as a registrar and transfer agent, providing corporate registry services. The company, incorporated under CIN U67190MH1999PTC118368, maintains its registered office in Mumbai and was formerly known as Link Intime India Private Limited.

The confirmation certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, representing the company's commitment to regulatory compliance and proper maintenance of shareholder records.

Future Consumer Limited has disclosed complete defaults on its total financial indebtedness of ₹615.67 crore as on March 31, 2026, according to a regulatory filing made in compliance with SEBI circular requirements. The disclosure reveals that the company is facing comprehensive payment defaults across all major debt categories, highlighting significant financial distress.

Complete Default on Bank Facilities

The company reported total outstanding bank loans and revolving facilities of ₹325.26 crore, with the entire amount classified as defaulted. This represents a 100% default rate on all banking relationships, including both principal repayments and interest obligations as of March 31, 2026.

Unlisted Debt Securities Default Details

Future Consumer's unlisted debt securities portfolio, totaling ₹290.41 crore, is entirely in default. The primary creditor is Resurgent India Special Situations Trust, holding Non-Convertible Debentures (NCDs) with both principal and accrued interest components.

Debt Composition Breakdown

Extended Default Timeline

The company's disclosure reveals a prolonged default period spanning multiple payment cycles. The defaults to Resurgent India Special Situations Trust include missed payments from multiple due dates:

• 2022 Defaults: May 15, August 15, November 15
• 2023 Defaults: February 15, May 15, August 15, November 15
• 2024 Defaults: February 15, May 15, August 15, November 15
• 2025 Defaults: February 15

This timeline indicates systematic payment failures over nearly three years, demonstrating persistent liquidity challenges.

Management Response and Future Plans

Future Consumer Limited has acknowledged the financial situation and outlined preliminary recovery strategies. The company stated it is "planning/working for Asset Monetization and Debt Reduction over the period in this year." However, no specific timelines or detailed restructuring plans were provided in the current disclosure.

Regulatory Compliance

The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019, which mandates listed companies to report defaults on loans from banks, financial institutions, and unlisted debt securities. The filing was signed by Chief Financial Officer Rajendra Bajaj and submitted to both BSE Limited and National Stock Exchange of India Limited on April 6, 2026.