Future Consumer Ltd. announced that the company has entered into a Joint Venture Agreement dated January 19, 2017 with Tilda Hain India Private Limited for undertaking the business of manufacturing, marketing, trading, selling and distributing various food products in the health and wellness category such as chips, non-dairy beverages, straws and infant /toddler foods, by way of forming a Joint Venture Company as per the terms and conditions agreed under the said JV Agreement. The JV Agreement executed by and between the company and Hain India, does not fall within the ambit of 'Related Party Transactions'.