Future Consumer has entered into an Agreement on October 17, 2017 (JV Agreement) with E. K. Sons Agro Foods (E.K. Sons), one of the leading manufacturer and distributor of wheat and other specialty foods in India and abroad under their flagship brand 'Dilkush', for undertaking the business of manufacturing, marketing, sales, sourcing and distribution of 'Wheat products, Maida, Sooji, Whole Wheat Atta and Bran', by way of forming a Joint Venture Company ('JV Company') on terms and agreed under the said JV Agreement.
As per the JV Agreement, the company and E.K. Sons each shall hold 50.00% of the paid-up share capital of the JV Company.
Future Consumer (formerly Future Consumer Enterprise) is a holding company. It is a food company, which is engaged in branding, marketing, sourcing, manufacturing and distribution of fast moving consumer goods, food and processed food products. It also has agri-sourcing operations in India.