Future Consumer Limited has received a three-month extension from the Registrar of Companies – Mumbai, Maharashtra, for holding its 29th Annual General Meeting (AGM) for the financial year 2024-25. The extension, granted on December 2nd, 2025, pushes the AGM deadline to December 31st, 2025, from the original due date of September 30th, 2025. This delay is attributed to significant financial difficulties faced by the company, which is part of the Future Group. The company is experiencing liquidity issues impacting its day-to-day operations and its ability to meet statutory and regulatory payments, including fees to stock exchanges, depositories, and the Registrar and Share Transfer Agents (RTA). Specifically, the company has been unable to pay annual custodian fees to NSDL and CDSL, preventing it from obtaining the List of Beneficial Owners Report (BENPOS data). Furthermore, the RTA has discontinued support services due to non-payment of service charges. Consequently, the company cannot finalize its shareholder list, which is essential for determining eligible members to attend the AGM, and therefore, the notice of the AGM and the Annual Report are yet to be finalized and dispatched.
