Future Consumer has sold its stake in Amar Chitra Katha (ACK) in terms of which the company has received a sum of Rs 44.39 crore towards the agreed sale consideration. Consequent to the aforesaid, ACK has ceased to be a subsidiary of the company with effect from December 14, 2018.
Future Consumer (formerly Future Consumer Enterprise) is a holding company. It is a food company, which is engaged in branding, marketing, sourcing, manufacturing and distribution of fast moving consumer goods, food and processed food products. It also has agri-sourcing operations in India.
