Future Consumer’s subsidiary -- FCL Tradevest has made investment in Delect Spices and Herbs (Delect), by way of subscription of 40 lakh equity shares of Delect having face value of Rs 10 each. The activities carried out by Delect are expected to add value to the business of the company.
Consequent to the same, Delect has now become a subsidiary of FCL Tradevest and step down subsidiary of the company.
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.
