Who is owner of Fel?

Who is owner of Fel?

Future Enterprises Ltd (FEL) – Company Information

Independent Director : Bala Deshpande
Company Secretary : Deepak Tanna
Managing Director : Vijay Biyani
Vice Chairman & Director : Kishore Biyani

Is future consumer a Indian company?

Future Consumer has a strong portfolio of food and Home and Personal Care (HPC) brands. Future Ventures India Ltd was incorporated on July 10 1996 as a public limited company with the name Subhikshith Finance & Investments Ltd. The company commenced business on August 2 1996 in Tamil Nadu.

Who Owns future consumer Ltd?

Kishore Biyani is the founder and Group CEO of Future Group. Widely credited as the pioneer of modern retail industry in India, Kishore Biyani is a mentor and role model for many Indian entrepreneurs and a thought leader in Indian business.

Is Kishore Biyani a Sindhi?

Born in Marwari families, raised in Mumbai – both businessmen don’t have much in common beyond these few facts. Kishore Biyani made it to the list of India’s richest in 2019, which pegged the fortune of Biyani family at close to $1.8 billion.

Why is FEL falling?

On September 23, the stock of Future Enterprises fell 5% after it defaulted on interest payments of Rs 15.86 crore for its non-convertible debentures. On September14, 2020, the Kishore Biyani-led Future Group firm said it defaulted on payment of commercial paper of Rs 90 crore.

Is FEL share good to buy?

As on 2nd Nov 2021 FEL Share Price closed @ 8.85 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 10.11 & Buy for SHORT-TERM with Stoploss of 8.81 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is future consumer part of Reliance deal?

Reliance Retail has become the second-largest customer of the Kishore Biyani-led Future group’s FMCG arm Future Consumer, contributing over one-fourth of the total sales of the company. Reliance Retail, which has come first in the list of top consumers, contributed 26.8 per cent of the total sales.

Is future consumer a good stock?

Past 10 year’s financial track record indicates that that Future Consumer Ltd is a below average quality company.

Is future consumer part of Future Group?

Reliance Retail is now the second-largest customer of Future Consumer Ltd, the FMCG arm of the Future Group.

Is Bazaar an Indian company?

I-bazaar (india) Private Limited is a Private incorporated on 02 August 2002. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs.

Is Radhakishan Damani a Marwari?

Damani was raised in a Marwari Maheshwari family in single room apartment in Mumbai. After the death of his father who worked on Dalal Street, Damani left his ball bearing business and became a stock market broker and investor.

Who is Mr Kishore Biyani?

Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India’s biggest brick-and-mortar retailers. He is also the founder of retail businesses such as Pantaloon Retail and Big Bazaar. According to Forbes magazine, he had a net worth of US$1.78 billion in 2019.

When did future consumer ltd.come into existence?

The Company History page lists out the major events in chronological order for Future Consumer Ltd. The Company was originally incorporated as Subhikshith Finance & Investments Limited on July 10, 1996 and commenced business on August 2, 1996 in Tamil Nadu.

Which is a subsidiary of 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.

When did future consumer enterprise change its name?

As on 31 March 2018 the Company had 21 subsidiaries and 3 associate companies.The name of the company was changed to Future Consumer Enterprise Limited from Future Ventures India Limited with effect from 30 September 2013.

What kind of business does future consumer have?

Future Consumer Ltd. (FCONSUMER) – Company History Future Consumer Limited formerly known as Future Consumer Enterprise Limited is engaged in the business of sourcing manufacturing branding marketing and distribution of fast moving consumer goods (FMCG) Food and Processed Food Products in Urban and Rural India.