Future Consumer has defaulted on payment of principal redemption and interest on non-convertible debentures (NCDs). The current default amount includes principal of Rs 20 crore and interest of Rs 2.03 crore, payable annually.
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.
