Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding Cessation of Mr Viral Sarvaiya as Company Secretary & Compliance Officer of the company w.e.f. April 07, 2025.
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Butterfly Gandhimathi Appliances has informed the exchanges that Mr. Viral Sarvaiya, the Company Secretary & Compliance Officer, has resigned from his position. His resignation has been accepted by the Board, and he will be relieved from duties at the close of business hours on April 7, 2025. Mr. Sarvaiya stated he is leaving to pursue career opportunities outside the company, and no other material reason was cited. The company is currently searching for a suitable replacement and will finalize the appointment within the timelines prescribed under SEBI Listing Regulations.
This is a routine KMP-level change with no governance red flags — the departure is voluntary for personal career growth, and the company has a defined process to fill the role. Short-term impact on the stock is likely negligible, though investors may watch for timely disclosure of the new appointment.