Announced Thu, 3 Apr · 19:39 IST

Butterfly Gandhimathi Appliances Limited has informed the Exchange about Change in Company Secretary/Compliance Officer - Resignation

Kmp ResignedManagement Changes View source PDF

BUTTERFLY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Butterfly Gandhimathi Appliances Limited has informed the stock exchange that the Company Secretary and Compliance Officer of the company has resigned from the position. The Company Secretary is a Key Managerial Personnel (KMP) under the Companies Act, 2013 and is responsible for ensuring the company complies with regulatory and listing requirements. The specific reasons for resignation and the effective date were not detailed in the headline. The company will need to appoint a replacement within the stipulated regulatory timeframe to avoid any compliance lapses.

Likely market impact

The resignation of the Compliance Officer is a routine governance event but may cause short-term uncertainty until a successor is appointed. Investors should watch for the company's next announcement regarding the appointment of a new Company Secretary.