Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding Resignation of Mr. Shantanu Khosla as Non- Executive Director of the company w.e.f. December 31, 2025.
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Butterfly Gandhimathi Appliances has informed the exchanges that Mr. Shantanu Khosla, a Non-Executive and Non-Independent Director, has resigned from the board with effect from the close of business hours on December 31, 2025. He was originally appointed to Butterfly's board as the authorised representative of Crompton Greaves Consumer Electricals Limited, which is the holding company of Butterfly Gandhimathi. His resignation follows the end of his tenure on the board of Crompton on the same date. The company has stated there are no material reasons for the resignation other than the conclusion of his Crompton board term. The resignation letter has been attached to the filing.
This is a routine and expected change — the outgoing director was a nominee of the parent company, so Crompton is likely to appoint a new representative on Butterfly's board. There is no material impact on operations or stock price, and no governance concerns have been flagged.