Intimation of meeting of Committee of Creditors

The Members of Committee of Creditors, and The Directors of Future Consumer Limited. Dear Madam/Sir, This is to inform you that a Meeting of Committee of Creditors constituted in terms of the provisions of Section 21 of the Insolvency and Bankruptcy Code, 2016 is scheduled to be held as per below mentioned details: Meeting Number 2nd Meeting of Committee of Creditors Day and Date Tuesday, 18th August 2026 Time 04:00 P.M. Venue CISCO Webex Meeting Enclosed: Agenda and explanatory notes to the agenda for the Second Meeting of the Committee of Creditors. Notice of Meeting, along with the Agenda by E-mail sent to: Financial Creditor: 1. Resurgent India Special Situations Funds 2. Prudent ARC Limited 3. State Bank of India 4. HDFC Bank Limited 5. Kotak Mahindra Bank 6. Union Bank of India 7. Bank of Baroda Directors of Future Consumer Limited: 1. Mr. Samson Charuvil Samuel 2. Ms. Shivangi Sharma 3. Ms. Lynette Robert Monteiro 4. Ms. Jayshree Prajapati 5. Ms. Preeti Singhal You are requested to attend the meeting. For Future Consumer Limited SD/- Aegis Resolution Services Private Limited through authorized signatory Avil Menezes As Interim Resolution Professional of Future Consumer Limited Registration No. IBBI/IPE-0118/IPA-1/2022-23/50041 Authorization for Assignment valid till 30th June 2027 Reg. Address: 106, 1st Floor, Kanakia Atrium 2, Cross Road A, Behind Courtyard Marriott, Chakala, Andheri East, Mumbai - 400093 Email: avil@caavil.com, irp.fcl@aegisipe.com Date: 14th August 2026 Place: Mumbai AGENDA FOR THE SECOND MEETING OF COMMITTEE OF CREDITORS The 2nd Meeting of the Committee of Creditors of Future Consumer Limited in terms of the provisions of Section 21 of the Insolvency and Bankruptcy Code, 2016 to be held via Video Conferencing (through Cisco WebEx application) on Tuesday, 18th August 2026 at 04:00 PM. Item Particulars A. The matters to be discussed in the meeting are as follows: 1. The Interim Resolution Professional to chair the Meeting of Committee of Creditors. To ascertain the quorum of the Meeting and carry out roll call if any, of the participants attending through Video Conferencing mode or other audio-visual means. To consider and approve the minutes of the 1st meeting of the Committee of Creditors held on Thursday, 06th August 2026. 4. To take note of process update by the Interim Resolution Professional. 5. To discuss any other matter with the permission of the Chair. B. List of issues to be voted upon after discussion To consider, discuss and approve the invitation for Expression of Interest including Eligibility Criteria for submission of Resolution Plan by prospective Resolution Applicants 1. as per Section 25(2)(h) of the Insolvency and Bankruptcy Code 2016 read with Regulation 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Person) Regulations, 2016. To consider, discuss and approve the insolvency resolution process costs as per regulation 2. 31B of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) 2016. To consider, discuss and approve the estimated insolvency resolution process costs till the 3. next CoC meeting as per regulation 31B of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) 2016. To consider and approve the appointment of Transaction Auditor and fix their remuneration and expenses as per the provisions of the Insolvency and Bankruptcy Code, 2016. 5. To discuss any other matter with the permission of the Chair. For Future Consumer Limited SD/- Aegis Resolution Services Private Limited through authorized signatory Avil Menezes As Interim Resolution Professional of Future Consumer Limited Registration No. IBBI/IPE-0118/IPA-1/2022-23/50041 Authorization for Assignment valid till 30th June 2027 Reg. Address: 106, 1st Floor, Kanakia Atrium 2, Cross Road A, Behind Courtyard Marriott, Chakala, Andheri East, Mumbai - 400093 Email: avil@caavil.com, irp.fcl@aegisipe.com Date: 14 August 2026 Place: Mumbai Notes: 1. The Participants may also attend the aforementioned Meeting through video conferencing. If any of the participants wish to attend the aforementioned Meeting through such means, may kindly follow the process mentioned in Note 2 and also inform the undersigned at least 2 hours before the time fixed for the Meeting. It is to be noted that the participants attending the aforementioned Meeting through video conferencing would also be considered as part of quorum for the aforementioned Meeting and a roll call will be carried out as per Regulation 24 (2) of the of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 for such participants. a. In accordance with Regulation 21(1) of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, a participant entitled to attend the meeting of Committee of Creditors may participate through video conferencing as per details given below: For Video Conferencing – Use Cisco Webex Meeting Application/Software 2. As per Regulation 21(2) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, a participant entitled to attend and vote at the meeting of Committee of Creditors may attend and vote in the meeting either in person or through an Authorized Representative. Provided that such participant should submit the details of such authorized representative along with the duly executed authority letter at least 24 hours prior to the commencement of the meeting. 3. As per Regulation 21(3)(b) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, A vote of a Committee Member shall not be taken at the meeting unless all the members are present at such meeting. 4. In terms of Regulation 25(5) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016, if all Members of the Committee of Creditors are not present at the Meeting, then the vote of the members of the Committee shall not be taken and the voting will be done through electronic means provided in the manner laid (as per the requirements of Regulation 26 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016: The process of E-Voting will be communicated will be communicated along with the minutes of the meeting which shall be circulated within 48 hours of the completion of the meeting. 5. As per Regulation 13(2) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016, the list of creditors shall be available for inspection. 6. A Participant being a Financial Creditor shall only be entitled to vote at the Meeting or by electronic means. The Directors of the Corporate Debtor and one representative of the Operational Creditor(s), if any attending the Meeting, shall not have any right to vote at the Meeting and shall not form a part of the quorum. A financial creditor being a related party of the Corporate Debtor shall not have any right of representation, participation or voting in the Meeting. 7. At the conclusion of voting at the Meeting, the decision taken on each of the items along with the names of the Members of the Committee of Creditors (CoC) who voted for or against the decision or abstained from voting shall be announced. EXPLANATION FOR THE ITEMS STATED IN THE AGENDA OF THE MEETING: Item No. 1: The Interim Resolution Professional to chair the Meeting of Committee of Creditors. The Interim Resolution Professional shall chair the meeting and extend a cordial welcome to all the members of the Committee of Creditors and Directors of the company present at the meeting. Item No.2: To ascertain the quorum of the Meeting and carry out roll call if any, of [Showing first 8,000 characters — download PDF for full document]