Future Market Networks Limited has confirmed that its promoters and persons acting in concert did not create any fresh encumbrance on shares during the financial year ended March 31, 2026. This declaration ensures that the shareholding structure remains free of undisclosed charges or pledges for the specified period, providing transparency to shareholders regarding the promoters' holdings.

Vivek Biyani, a member of the Promoter Group, submitted the declaration to BSE Limited and National Stock Exchange of India Limited on April 09, 2026. The filing was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates an annual disclosure of any encumbrance on shares by promoters.

The disclosure included a list of promoters and their shareholding as on March 31, 2026. Future Corporate Resources Private Limited, the corporate promoter holding 58.67% of the paid-up share capital, was admitted to corporate insolvency by the National Company Law Tribunal, Mumbai bench, on September 24, 2024. Consequently, the management and control of Future Corporate Resources Private Limited are now under the Resolution Professional, and it is not acting in consonance with the rest of the promoter group.

Surplus Finvest Private Limited, another entity in the promoter group, converted 30,00,000 warrants into equity shares on March 27, 2026. Following this conversion, Surplus Finvest Private Limited holds 62,45,494 equity shares, representing 9.81% of the total paid-up share capital. The listing and trading approvals for these newly allotted shares are currently under process.

The table below details the shareholding of the promoter group and persons acting in concert as on March 31, 2026:

*30,00,000 Equity Shares were allotted to Surplus Finvest Private Limited upon conversion of 30,00,000 Warrants on March 27, 2026. The listing approval and trading approval for the said equity shares are under process.

**Future Corporate Resources Private Limited ["FCRPL"] is a corporate Promoter of Future Market Networks Limited [FMNL] which holds 3,73,37,375 equity shares representing 58.67% of the paid-up share capital of the Company. FCRPL has been admitted to corporate insolvency under the order of Hon'ble National Company Law Tribunal, Mumbai bench ("NCLT") on 24th September 2024 and Interim Resolution Professional ("IRP") was appointed by the NCLT for conducting Corporate Insolvency Resolution Process (CIRP) under the applicable provisions of the Insolvency and Bankruptcy Code, 2016.

Future Market Networks Limited has secured shareholder approval to issue equity shares and fully convertible warrants on a preferential basis to a non-promoter group entity. The resolution was passed via a special vote during the Extraordinary General Meeting (EGM) held on June 17, 2026, with 88.15% of votes cast in favour. This capital raise is intended to support the company's financial structure, although specific utilization details were not disclosed in the regulatory filing.

The EGM was conducted through Video Conferencing (VC) and Other Audio Video Means (OAVM), with 85 members participating in attendance. Remote e-voting was facilitated by the National Securities Depository Limited (NSDL) from June 12 to June 16, 2026, allowing shareholders to cast their votes ahead of the meeting. Mr. Shreesh Misra, Non-Executive Director, chaired the proceedings, ensuring compliance with the Companies Act, 2013, and SEBI regulations.

Mr. Alwyn D'souza of Alwyn D'souza & Co., Company Secretaries, was appointed as the Scrutinizer to oversee the electronic voting process. The voting results, which combined remote e-voting and votes cast during the meeting, indicated a significant split among public non-institutional shareholders. While the promoter group voted entirely in favour, public non-institutions recorded 76.71% of their votes against the resolution.

The detailed voting outcomes highlight the distribution of shareholder sentiment regarding the preferential allotment. A total of 3,838,188 votes were polled, representing 6.33% of the outstanding shares as of the cut-off date of June 10, 2026. The resolution required a special majority and successfully obtained the necessary approval despite the opposition from a portion of the public shareholders.

The filing also noted that 30,00,000 fully paid-up equity shares were allotted to Surplus Finvest Private Limited on March 27, 2026, upon the conversion of warrants. However, listing and trading approval for these shares are pending, and they were consequently excluded from the promoter group's holding calculations for this vote. The results of the EGM will be announced on the stock exchanges within the stipulated regulatory timeframe.