Announced Thu, 23 Apr · 14:28 IST

Crompton confirms no encumbrance on 75% stake in Butterfly Gandhimathi

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 14 horizons · vs prior close
-1.1%1-day move
₹615.00
prior close
₹619.10
base price
In-mkt
timing
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-0.4+0.0-0.1-0.6-1.1-1.6-1.7-2.8-3.1-1.0+15.4+9.8+4.2+24.1
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AI summary

Crompton Greaves Consumer Electricals, the promoter of Butterfly Gandhimathi Appliances, has filed a SEBI Regulation 31(4) disclosure confirming that it along with persons acting in concert hold 1,34,09,663 equity shares (75.00% of paid-up capital) in Butterfly Gandhimathi and have not created any encumbrance on these shares during FY2025-26.

Likely market impact

Reassuring for shareholders; the promoter's 75% majority stake in Butterfly remains unpledged and free of encumbrance, indicating stable ownership.