Future Consumer Limited announced that the Company has been unable to service its obligations towards payment of amount of principal and interest due on unlisted Non-Convertible Debentures issued by the Company to CDC Emerging Markets Limited. Type of instrument with ISIN: Secured, Redeemable, Non-Convertible Debentures (Unlisted), ISIN: INE220J07121, ISIN: INE220J07139. Date of default: 15th November 2023.

Current default amount: The current default is towards payment of principal and interest as per details mentioned Interest Amount of INR 329.7 million (Deferred Coupon interest INR 16 million, May quarter interest INR 47 million, August quarter interest INR 44.3 million November quarter Interest INR 44.3 million, February quarter interest INR 44.3 million, May Quarter interest INR 44.3 million, August Quarter Interest INR 44.3 million & November 23 Quarter Interest 4.43) Principal Amount of INR 1000 million (Deferred installment of INR 176 million, May installment INR 117.6 million,August installment INR 117.6 million, November installment INR 117.6 million, February installment INR 117.6 million, May Installment INR 117.6 million, August Installment 117.6 million and November Installment INR 117.6 million) Details of the obligation (amount issued, tenure, coupon, secured/unsecured, redemption date etc.) Amount Issued: INR 2000 million Tenure /Redemption: 7 years from the date of allotment i.e. 15th February, 2018 Coupon Rate: 11.07% p.a Secured Total amount issued through debt securities INR 2000 million Current Outstanding as on 31st October 2023 is INR 1589 million Total financial indebtedness of the listed entity including short-term and long-term debt INR 4707.5 million (As at 30th September 2023).