Future Consumer Enterprise has made investment by way of subscription to the equity shares of Sublime Foods (Sublime), in terms whereof equity shares aggregating to 51.00% of the paid-up share capital of Sublime, have been allotted to the company. Pursuant to the same, Sublime is a subsidiary of the company.
Sublime is engaged in the business of dealing predominantly into food and food based products including manufacture and distribution of processed food items like speciality sauces, salad dressings, cooking pastes, spreads and dips.
Future Consumer Enterprise is the alternate investment arm of Future Group, India's largest retailer. The Future Group is a business group, led by Kishore Biyani, focusing on consumption-led businesses in India and is also one of India’s leading organized multi-format retailers.
