Future Consumer Limited has provided an update on the National Company Law Tribunal (NCLT) proceedings filed against it by Resurgent India Special Situations Fund. The disclosure, made under Regulation 30 of SEBI Listing Regulations on February 23, 2026, details the latest hearing developments and tribunal directions.

NCLT Hearing Proceedings

The matter was originally scheduled for January 16, 2026, but was rescheduled to February 23, 2026, due to the judicial member being on leave. During the hearing, the counsel for the financial creditor informed the bench that pleadings were completed and provided an overview of the case facts.

Key Developments and Tribunal Directions

Future Consumer Limited has filed an additional affidavit with the tribunal, detailing a claim in arbitration proceedings that could potentially provide funds to the company. The financial creditor's counsel highlighted that their claim amount exceeds the expected claim value significantly.

The Hon'ble bench has directed the company to submit balance sheets for the last 3 financial years. This directive suggests the tribunal's intent to review the company's financial position comprehensively before proceeding further with the case.

Case Timeline and Compliance

This update continues from the company's earlier disclosure dated December 10, 2025, which initially informed stakeholders about the case filing by Resurgent India Special Situations Fund at NCLT Mumbai. The matter is now scheduled for further hearing on March 9, 2026.

Future Consumer Limited has committed to providing regular updates on the proceedings as they develop, ensuring compliance with SEBI Listing Regulations.

Future Consumer Limited has informed stock exchanges about receiving a notice from the Serious Fraud Investigation Office (SFIO) in connection with an ongoing investigation into Future Retail Limited and other associated companies. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investigation Details

The company received the SFIO letter dated 2nd February, 2026, which was accessed through email. According to the notice, the Ministry of Corporate Affairs, Government of India, New Delhi, exercised powers under Section 212(1)(c) of the Companies Act, 2013, to order the investigation.

Company Response

Future Consumer Limited confirmed that the investigating officer has sought specific information and records from the company. The management stated they are currently in the process of providing the requested documentation to the SFIO office. Additionally, the company has formally requested additional time from the investigating authorities to compile and submit the required information.

Regulatory Compliance

The disclosure was made to both major stock exchanges where the company's shares are listed. Future Consumer Limited's shares trade on BSE under scrip code 533400 and on NSE under the symbol FCONSUMER. The company's registered office is located at Knowledge House, Shyam Nagar, Off JVLR, Jogeshwari (East), Mumbai.

Corporate Structure

The notice identifies Future Retail Limited and other entities as "companies under investigation" (CUIs), indicating the scope of the SFIO probe extends beyond a single entity. Future Consumer Limited's involvement appears to be related to its connection with the primary investigation targets, though the specific nature of the relationship requiring information disclosure was not detailed in the regulatory filing.

The disclosure was signed by Managing Director Samson Samuel and filed with stock exchanges on 9th February, 2026, ensuring compliance with mandatory disclosure requirements under securities regulations.