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Future Lifestyle Fashions Ltd
Ground Floor
Knoledge House, Shayam Nagar,Off . Jvlr
Phone: +91 2261190000p:+91 2261190000 MUMBAI, 400083  India Ticker: FLFLFLFL
Filed for Insolvency on 5/4/2023
On 8/29/2022, Future Lifestyle Fashions Ltd announced that its lender, Bank of India, had filed an Insolvency Petition with the National Company Law Tribunal against the Company pursuant to Section 7 of the Insolvency and Bankruptcy Code, 2016.
On 5/4/2023, The National Company Law Tribunal (NCLT) opened Insolvency Proceedings under a Corporate Insolvency Resolution Process for Future Lifestyle Fashions Ltd pursuant to the Petition filed against the Company by Bank of India. The NCLT appointed Ravi Sethia as the Interim Resolution Professional.
This is a Subsidiary, click here for the Parent Company
Business Summary
Future Lifestyle Fashions Limited is an India-based integrated fashion company. The Company has a portfolio of fashion brands that covers a range of fashion categories, including formal menswear, casual wear, active or sportswear, ethnic wear, denim wear, footwear and accessories for men and women. It owns and markets brands, through its in-house retail chains Central and Brand Factory, exclusive brand outlets and other multi-brand outlets. Its retail chain Central offers shoppers options to choose from over 1000 brands across categories, including apparels, cosmetics, fragrances, eyewear, watches, accessories, mobiles, electronics and home, among others. The Company's retail chain Brand Factory offers various merchandise, including men's formals, casuals, youth wear, women's western wear, women’s ethnic, sportswear, infant wear, accessories, footwear and luggage, among others. It houses various domestic and foreign brands, such as Lee Cooper, Champion and Indigo Nation, among others.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20223/31/2022Yes----

Industries
SIC Code Description
2329 Men's and boys' clothing, not elsewhere classified
2389 Apparel and accessories, not elsewhere classified
5621 Women's clothing stores
5632 Women's accessory and specialty stores
5136 Men's and boys' clothing and furnishings
5651 Family clothing stores
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Managing Director VishnuprasadM 59 11/14/2019 11/14/2019
Non-Executive Vice Chairman of the Board KishoreBiyani 63 3/5/2020 6/25/2013
Additional Nominee Director Luv D.Parikh 44 11/14/2019 11/14/2019
3 additional Officers and Directors records available in full report.

Business Names
Business Name
536507
Elisir Lifestyle pvt Ltd
FLFL

General Information
Number of Employees: 3,841 (As of 3/31/2022)
Outstanding Shares: 201,411,010 (As of 12/31/2022)
Shareholders: 70,451
Stock Exchange: NSE
Fax Number: +91 2261995019


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Tuesday, April 23, 2024