Crompton Confirms No Encumbrance on 75% Promoter Stake in Butterfly Gandhimathi Appliances

An update from Butterfly Gandhimathi Appliances Limited ( (IN:BUTTERFLY) ) is now available.

Crompton Greaves Consumer Electricals Limited has disclosed to Indian stock exchanges that, as promoter of Butterfly Gandhimathi Appliances Limited, it holds 13,409,663 equity shares, representing 75% of Butterfly’s paid-up share capital. The disclosure was made under SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, confirming that no encumbrances were created on these promoter-held shares, which signals a stable ownership structure and may reassure investors about the security of the promoter’s stake.

This confirmation that the promoter and persons acting in concert have not directly or indirectly encumbered their Butterfly shares during the 2025-2026 financial year reduces concerns over pledged shares or leverage against the holdings. Such clarity on shareholding and absence of encumbrances supports transparency in corporate governance and could positively influence market perception of Butterfly’s financial and ownership stability.

More about Butterfly Gandhimathi Appliances Limited

Butterfly Gandhimathi Appliances Limited operates in the consumer durables and home appliances industry, focusing on kitchen and household appliances for the Indian market. The company is promoted by Crompton Greaves Consumer Electricals Limited, a major player in the consumer electricals segment, which holds a significant controlling stake in Butterfly’s equity share capital.

Average Trading Volume: 3,557

Technical Sentiment Signal: Sell

Current Market Cap: 10.97B INR

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