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.

Future Consumer Limited has notified BSE and NSE about its failure to submit the Annual Report for the financial year 2024-25, citing severe liquidity constraints that have crippled its operational capabilities. The company's disclosure on January 22, 2026, reveals the depth of financial distress affecting the Future Group entity.

Regulatory Extension and Compliance Challenges

The Registrar of Companies, Mumbai, had previously granted Future Consumer a three-month extension on December 2, 2025, allowing the company to hold its 29th Annual General Meeting by December 31, 2025, instead of the original deadline of September 30, 2025. Despite this extension, the company has been unable to meet its regulatory obligations.

Financial Distress and Operational Impact

The company's communication reveals the extensive nature of its financial difficulties. As part of the Future Group, which has been experiencing challenging times, Future Consumer is struggling with liquidity issues that have severely impacted its business operations. The financial constraints have made it extremely difficult for the company to meet day-to-day expenses and fund statutory and regulatory payments.

The liquidity crisis has resulted in non-payment of critical fees and charges to multiple stakeholders:

• Stock exchanges (BSE and NSE)
• Depositories (NSDL and CDSL)
• Registrar and Share Transfer Agents
• Other essential service providers

Shareholder Data Complications

A critical obstacle preventing the AGM has been the company's inability to finalize its shareholders list. Future Consumer cannot access the List of Beneficial Owners Report (BENPOS data) from depositories due to unpaid annual custodian fees to NSDL and CDSL. This data is essential for determining eligible members to attend the Annual General Meeting.

Asset Monetization and Banking Discussions

Future Consumer has been actively pursuing multiple avenues to address its financial crisis. The company is engaged in ongoing discussions with bankers regarding fund requirements while simultaneously working to generate funds through asset monetization. However, these efforts have not yet yielded positive results.

The company's requests to bankers have been unsuccessful to date, while asset monetization efforts are progressing slowly due to extensive due diligence and negotiations with potential purchasers. These delays have further complicated the company's ability to meet its regulatory obligations and restore normal operations.

Regulatory Communication

The company has formally notified both major stock exchanges about its situation. The communication to BSE (Scrip Code: 533400) and NSE (Scrip Code: FCONSUMER) was signed by Managing Director Samson Samuel (DIN: 07523995) and includes the ROC extension order as supporting documentation.