Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding Cessation of Ms Maheshwari Mohan as Non- Executive Independent Director of the company w.e.f. August 20, 2025.
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Ms. Maheshwari Mohan (DIN: 07156606) has retired as a Non-Executive Independent Director of Butterfly Gandhimathi Appliances Limited, effective August 20, 2025. Her exit comes upon the natural completion of her second five-year term, in line with the Companies Act, 2013. The Board has recorded its appreciation for her contributions during her tenure. No reason for concern has been indicated, as this is a scheduled end-of-term retirement rather than a sudden departure.
This is a routine, planned board change with no negative implication for shareholders. The company will need to fill the independent director seat in due course to comply with board composition norms, but there is no immediate impact on operations or stock price.