Butterfly Gandhimathi Appliances Limited has informed the Exchange about change in Management
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Butterfly Gandhimathi Appliances has informed exchanges that Mr. Haresh Sundar, Head of Downstream Marketing and a Senior Management Personnel (SMP), has resigned from his position citing personal reasons. The company has accepted the resignation, with his last working day set for December 22, 2025, giving roughly a three-month transition period. The resignation letter and the company's acceptance letter are enclosed with the filing. No other material reason for the exit has been disclosed, and the role is below the Key Managerial Personnel (KMP) level.
This is a mid-to-senior level marketing leadership exit for personal reasons and is unlikely to materially affect operations or stock price. Investors should watch for a replacement announcement in the coming months to ensure continuity in the downstream marketing function.