Future Supply Chain Solutions Ltd. Company History and Annual Growth Details

The Company was incorporated on March 8, 2006 as Future Logistic Solutions Limited, a public limited company under the Companies Act, 1956, with the RoC. The Company was granted a certificate of commencement of business dated March 31, 2006. Subsequently, the name of the Company was changed to Future Supply Chain SolutionsLimited, pursuant to a special resolution of the Shareholders dated July 21, 2009. The name of the Company was changed to convey the range of business solutions offered by the Company. A fresh certificate of incorporation dated October 23, 2009 was issued by the RoC upon the change in the name of the Company.

Major Events and Milestones of the Company

2006

-Incorporated as a public limited company.

2009

-Implemented Transport Management System to improve visibility in and optimise transportation operations.

-Implemented Infor WM 9 Warehouse Management System.

-Subscription to 5,000,000 compulsorily convertible debentures of face value Rs. 100 each by SKC 1 Limited  (part of Fung Capital)

2011

-Acquired warehousing business of Transmart India Private Limited at Bhiwandi

-Logistics division implemented Vehicle Tracking System, a GPS enabled system, in all the dedicated fleet of  vehicles

-Obtained ISO 9001: 2008 certification

-Conversion of the 5,000,000 compulsorily convertible debentures of face value Rs. 100 each held by SKC1  Limited to 3,683,241 Equity Shares and subscription to 6,492,080 Equity Shares by SKC1 Limited

2012

-Introduced the Put to Light system which was the first of its kind for consumer industries

2013

-Registered Future Supply Chains as a trademark

-Launched one of the largest and the most highly-automated distribution centre in India at MIHAN, 

2016

-Acquisition of 40.0% of the shareholding of the Company by Griffin Partners Limited from existing  Shareholders

-Commenced temperature controlled logistics services

2017

-Set-up a specialised integrated food distribution centre at Kolkata

-Commenced operations of the high speed cross-belt sorter system in July, 2017

-Acquisition of 45.0% of the equity shares of Leanbox