The Company was originally incorporated as Subhikshith Finance & Investments Limited on July 10, 1996 and commenced business on August 2, 1996 in Tamil Nadu. The RBI granted a certificate of registration dated March 9, 1998 permitting the Company to carry on the business of a NBFC as a "non-deposit taking company." The Company became a private limited company on August 10, 2001 and its name was consequently changed to Subhikshith Finance & Investments Private Limited ("Subhikshith"). The Registrar of Companies, Tamil Nadu issued a fresh certificate of incorporation on September 17, 2001. The RBI granted a certificate of registration dated June 18, 2007 consequent to the change of name permitting the Company to carry on the business of a NBFC as a "non-deposit taking company." The Company was engaged in the business of granting loans and financing. On July 14, 2007 Pantaloon Future Ventures Limited ("PFVL") (name has been changed to Future Value Retail Limited on November 16, 2009) the wholly owned subsidiary of Pantaloon Retail (India) Limited acquired 2,93,700 Equity Shares of face value ` 10 each, constituting 100% of the total issued, subscribed and paid-up share capital of Subhikshith through a share purchase agreement dated July 3, 2007 between PFVL, R. Sankar, V. Thirumalai and Subhikshith . In consideration of the purchase, PFVL paid an aggregate sum of ` 58 lakhs to R. Sankar and V Thirumalai. Pursuant to the acquisition, Subhikshith became a wholly owned subsidiary of PFVL. The Company changed its name from Subhikshith Finance & Investments Private Limited to Future Ventures India Private Limited through a special resolution passed at the EGM of the Company held on July 19, 2007. The fresh certificate of incorporation consequent on change of name was granted by the ROC to the Company on August 9, 2007. Further, upon ceasing to be a private limited company, the word private was deleted through a special resolution at the EGM of the Company held on August 10, 2007. The fresh certificate of incorporation consequent to the change of name was granted by the ROC to the Company on September 7, 2007. Major Events Fiscal Year 1996 Incorporated as Subhikshith Finance & Investments Limited. 1997 Granted certificate of registration by the RBI to carry on the business of an NBFC as a "non-deposit taking company." 2001 Converted from a public limited company to a private limited company. 2007 RBI granted a fresh certificate of registration to carry on business of a NBFC as a "non-deposit taking company" on change of name to Subhikshith Finance & Investments Private Limited. Subhikshith Finance & Investments Private Limited became a wholly-owned subsidiary of Pantaloon Future Ventures Limited (now known as Future Value Retail Limited). The name of the Company was changed to Future Ventures India Private Limited. Company was converted to a public limited company and the name of the Company was changed to Future Ventures India Limited. RBI granted a fresh certificate of registration to carry on the business of a NBFC as a "nondeposit taking company" on change of name to Future Ventures India Limited. Company entered into agreements to purchase securities of Biba Apparels Private Limited, Sankalp Retail Value Stores Private Limited and SSIPL Retail Private Limited. 2008 Company entered into agreements to purchase securities of Footmart Retail (India) Limited, Convergem Communications (India) Limited, Aadhaar Retailing Limited, Indus-League Clothing Limited, Lee Cooper (India) Limited, Celio Future Fashions Limited, Indus Tree Crafts Private Limited, AND Designs India Limited, Turtle Limited subject to completion of conditions precedent. Company entered into a consulting and advisory services agreement with Future Capital Holdings Limited. Company opted for conversion of 7,000 fully convertible debentures into equity shares of Biba Apparels Private Limited. 2009 Company entered into an agreement for purchase of securities of Star Shopping Centres Private Limited. The registered office of the Company was shifted from the State of Tamil Nadu to the State of Maharashtra. Company made investments in the equity shares and preference shares of Lee Cooper (India) Limited. Company increased its stake in Indus-League Clothing Limited and AND Designs India Limited. Company made investments in Holii Accessories Private Limited. 2010 Company transferred its entire shareholding in Celio Future Fashions Limited, Lee Cooper (India) Limited and Turtle Limited in favour of Indus-League Clothing Limited, a subsidiary of the Company. Company transferred its entire shareholding in Star Shopping Centres Private Limited in favour of Future Realtors (India) Private Limited and divested its stake in the aforesaid company in July, 2010. Company transferred its entire shareholding in Sankalp Retail Value Stores Private Limited and Foot Mart Retail India Limited to Juhi's Idea Mercantile Private Limited and Blessings Mercantile Private Limited, respectively. Company made investments in the equity shares of Capital Foods Exportts Private Limited, Future Consumer Enterprises Limited and Future Consumer Products Limited, and increased its shareholding in Indus-League Clothing Limited and Indus Tree Crafts Private Limited. Company issued Equity Shares increasing the paid-up equity share capital of the Company by 45,740 lakhs. Company subscribed to 9,200 equity shares issued by BIBA Apparels Private Limited. Company entered into a share purchase agreement with Sanjay Bindra for purchase of 11,750 equity shares of BIBA Apparels Private Limited. Company entered into a share transfer cum purchase agreement with Sanjay Bindra, Punita Bindra, Siddharth Bindra and Meena Bindra for purchase of up to 94,000 equity shares of BIBA Apparels Private Limited. Company acquired 2,50,000 equity shares of Indus-League Clothing Limited from Pantaloon Employees Welfare Trust. 2011 Company subscribed to 10,00,000 equity shares issued by Holii Accessories Private Limited. Company subscribed to 17,50,000 equity shares issued by Aadhaar Retailing Limited. Company entered into a share subscription agreement and a shareholders' agreement with Idream Holdings Private Limited, Shripal Morakhia, Samir Patil and Amar Chitra Katha Private Limited for subscribing to 122,598 equity shares of Amar Chitra Katha Private Limited. Company transferred its entire shareholding in SSIPL Retail Private Limited to its subsidiary, Indus-League Clothing Limited. 2012 - Announcement for Subsidiary Company - Indus Tree Crafts Private Limited. - Announcement for subsidiary companies - Karadi Tales Company Pvt. Ltd. and Karadi Path Education Company Pvt. Ltd. - Company has made further investment in Clarks Future Footwear Limited. - "Investment in Indus-League Clothing Limited (ILCL)." - "Investment in Holii Accessories Private Limited (Holli)". - Future Ventures India Ltd informed that it has acquired 100 per cent equity share capital of Star and Sitara Wellness Pvt Ltd (SSWPL) for a consideration of Rs 1 lakh. 2013 -Change in name of the Company from "Future Ventures India Limited" to "Future Consumer Enterprises Limited". -The name of `Future Consumer Enterprises Limited, a subsidiary of the Company, has been changed to `Future Food and Products Limited vide fresh Certificate of Incorporation granted by the Registrar of Companies, Maharashtra, Mumbai. -The Company has acquired 100% shareholding in Future Agrovet Ltd. -"Future Group brings Sunkist Brand to India". -Future Group launches Sunkist brand in India. 2014 -"Future Group brings Sunkist Brand to India". - FCEL acquires Niligiris convenience stores chain. 2015 -Future Consumer Enterprise Ltd Acquisition of Business Undertaking -Patanjali Ayurved and Future Group Join Hands -Future Group Partners With Mibelle Group 2016 -The Company has changed to Future Consumer Ltd. and symbol be changed from FCEL to FCONSUMER w.e.f. October 25, 2016 -Future Consumer launches Oats brand Kosh s India's third grain -FCEL, A Part of Future Group Launches Desi Atta Company Atta & Instant Mix Range -International Finance Corporation to Invest US$20 million in Future Consumer Enterprises Limited -FCEL'S New Products Out To Showcase 2017 - Future Group taps start-ups to unlock consumer data - Future Consumer - Spurt in Volume - Nourish your skin with the finest body care products from Swiss Tempelle - Future Group launches a premium gourmet gifting brand - Gruezi - Tasty Treat launches a new snacking munch - POP CORN - Future Consumer Limited introduces POOOF 2018 -Future Consumer Limited has informed to acquisition of entire stake in Affluence Food Processors Private Limited held by E.K. Sons Agro Foods and the Promoters of Affluence. -Future Consumer enters 50:50 JV with NZ's dairy firm Fonterra. 2019 -Future Consumer Limited has informed he is entering into an arrangement with the Middle East leading chain of retail supermarkets,T Choithrams & Sons. FCL and Choithrams have identified an opportunity to strategically partner across the UAE. -FCL Tradevest Private Limited ('FCL Tradevest'), wholly owned subsidiary of the Company has completed acquisition of 100% stake of Avante Snack Foods Private Limited.