Butterfly Gandhimathi Appliances Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Butterfly Gandhimathi Appliances has submitted a quarterly certificate from its Registrar and Share Transfer Agent, GNSA Infotech, to the stock exchanges for the quarter ended June 30, 2025. The certificate confirms that 24 physical share certificates covering 1,917 equity shares received for dematerialization have been verified, mutilated, and cancelled, with the depository now recorded as the registered owner. This is a routine compliance filing required under SEBI's Depositories Regulations. The shares involved are negligible compared to the company's total share base, indicating normal ongoing conversion of physical shares to demat form.
This is a routine regulatory compliance submission with no material impact on the company's operations, financials, or stock price. Shareholders are unaffected as it merely documents the standard process of converting physical share certificates into electronic (demat) form.