Future Consumer Limited (BSE:533400) agreed to acquire remaining 50.33% stake in Affluence Food Processors Private Limited from Eksons Agro Foods on August 8, 2018. The consideration shall be paid in cash. For the year ended March 31, 2018, Affluence Food Processors Private Limited reported turnover of INR 4.066 million. The transaction is subject to completion of binding agreements and is approved by the board of directors of Future Consumer Limited. Transaction is expected to close in the fourth quarter of 2018. Future Consumer Limited (BSE:533400) completed the acquisition of remaining 50.33% stake in Affluence Food Processors Private Limited from Eksons Agro Foods on November 6, 2018. Future Consumer Limited entered into a termination agreement with the Joint Venture Partner pursuant to which the Joint Venture and shareholders agreement entered into between the company and the Joint Venture Partner stands terminated.