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    533400   INE220J01025

FUTURE CONSUMER LIMITED

(533400)
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Future Consumer Limited Announces Executive Changes

04/29/2021 | 04:38am EDT

The board of directors of Future Consumer Limited at its meeting held on 29th April, 2021, approved the appointment of Mr. Jude Linhares as an Additional Executive Director of the Company with effect from 29th April, 2021, based on the recommendation of the Nomination and Remuneration/Compensation Committee. Mr. Jude Linhares has been appointed as an Executive Director of the Company for a term of 3 years with effect from 29th April, 2021, and payment of remuneration, subject to necessary consents and approval that may be required in accordance with applicable laws and regulations, including approval of the members of the Company at the next Annual General Meeting of the Shareholders of the Company. Mr. Jude Linhares has also been designated as `Key Managerial Personnel' of the Company with effect from 29th April,2021. Mr. Jude Linhares is a Mechanical Engineering graduate from Pune University with a Masters in Operations Management from Mumbai. He has over 30 years of experience across leading organizations such as Cadbury's, Marico, Reckitt Benkiser, Dabur (India & International). Mr. Jude Linhares has been associated with the Company since October 2018 and since then he has worked towards strengthening the backend through various strategic initiatives leading to improving profitability through capacity utilization at the India Foodpark, reduction in cost of goods sold through initiatives in procurement techniques, process improvements (Total Productive Maintenance, LEAN), developing innovative products and building a Quality Assurance culture across the organization. Presently, he heads the Product Supply management function and his role includes New Product and Packaging Development, Procurement, Quality Assurance, Own Manufacturing facilities as well as third party manufacturers. Before joining Future Group, he has worked for 11 years in Dabur across Asia and International businesses in various functions of operations. This to further inform that Mr. Narendra Baheti, has resigned as an Executive Director of the Company with effect from the closure of the business hours on 29th April, 2021. He consequently also ceases to be a `Key Managerial Personnel' of the Company.


ę S&P Capital IQ 2021
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Financials
Sales 2021 11 845 M 160 M 160 M
Net income 2021 -4 833 M -65,5 M -65,5 M
Net Debt 2021 5 869 M 79,5 M 79,5 M
P/E ratio 2021 -2,44x
Yield 2021 -
Capitalization 14 250 M 193 M 193 M
EV / Sales 2020 0,49x
EV / Sales 2021 1,49x
Nbr of Employees 451
Free-Float 45,7%
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Managers and Directors
Sailesh Raj Kedawat Chief Financial Officer
Ghyanendra Nath Bajpai Chairman
Manoj Prataprai Gagvani Secretary, Compliance Officer & Head-Legal
Arun Gupta President-Business Development & Investments
Adhiraj Anil Harish Independent Non-Executive Director
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