Butterfly Gandhimathi Appliances Limited has informed the Exchange about Action(s) taken or orders passed
BUTTERFLY · price
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Butterfly Gandhimathi Appliances Limited has disclosed an order passed by the Abu Dhabi Court of Appeal in favour of a consumer who sustained an injury while using a Butterfly product due to alleged malfunctioning. The court awarded AED 31,666.66 (approximately ₹5.6 lakhs) to the consumer. The company received this order on April 27, 2026, and filed an appeal which was heard and decided by the Abu Dhabi Court of Appeal. This is a product liability case from a foreign jurisdiction and does not involve any SEBI regulatory action. The company has stated that there is no material impact on its financial, operational, or other activities.
This is a relatively small consumer injury award from a foreign court with no material impact on the company. It does not affect the company's core operations or financial health, and is unlikely to have any significant bearing on the stock price.