Future Consumer Enterprise has further acquired equity shares aggregating to 2.03% of the paid-up capital of Nilgiri Dairy Farm (NDF). Consequently, NDF has now become a wholly-owned subsidiary of Future Consumer Enterprise (FCEL).
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.
