With reference to the earlier letter dated May 12, 2016, Future Consumer Enterprise has now informed that the meeting of the Board of Directors of the Company scheduled to be held on May 19, 2016, shall also consider and approve the issue of Compulsorily Convertible Debentures and Equity Shares on a preferential basis; and Convening of an Extra Ordinary General Meeting of Shareholders in respect of the matter mentioned at (i) above.
The above information is a part of company’s filings submitted to BSE.