Crompton Greaves Confirms No Encumbrance of 75% Stake in Butterfly Gandhimathi Appliances for FY 2025-2026

1 min read     Updated on 24 Apr 2026, 06:48 AM
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Crompton Greaves Consumer Electricals Limited filed a regulatory disclosure confirming no encumbrance of its 75% stake in Butterfly Gandhimathi Appliances Limited during FY 2025-2026. The company holds 1,34,09,663 equity shares as promoter along with persons acting in concert, representing 75.00% of Butterfly's paid-up capital. This disclosure was made under SEBI Regulation 31(4) requirements, confirming no direct or indirect encumbrance was created during the specified financial year.

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Crompton Greaves Consumer Electricals Limited has submitted a regulatory filing to stock exchanges confirming that it has not encumbered its substantial shareholding in butterfly gandhimathi appliances Limited during the financial year 2025-2026. The disclosure, dated April 2, 2026, was made pursuant to mandatory requirements under SEBI regulations.

Shareholding Details

The filing reveals key information about Crompton's investment in Butterfly Gandhimathi Appliances:

Parameter: Details
Shares Held: 1,34,09,663 equity shares
Ownership Percentage: 75.00% of paid-up capital
Capacity: Promoter along with persons acting in concert
Encumbrance Status: No encumbrance during FY 2025-2026

Regulatory Compliance

The disclosure was made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters holding substantial stakes to confirm whether they have created any encumbrance on their shareholding during a financial year.

Crompton explicitly stated that neither directly nor indirectly has any encumbrance been made on its shareholding in Butterfly during the financial year 2025-2026. The confirmation was signed by Rashmi Khandelwal, Company Secretary and Compliance Officer, and submitted to both BSE and NSE.

Corporate Structure

The filing confirms Crompton's role as the promoter of Butterfly Gandhimathi Appliances, holding a controlling 75% stake. This substantial shareholding positions Crompton as the majority stakeholder with significant influence over Butterfly's operations and strategic decisions. The disclosure ensures transparency regarding any potential restrictions or charges on this significant investment.

The regulatory filing demonstrates Crompton's commitment to maintaining compliance with SEBI regulations and providing transparency to stakeholders regarding its investment portfolio and shareholding arrangements.

Historical Stock Returns for Butterfly Gandhimathi Appliances

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-1.44%-3.01%-13.12%+1.36%-0.24%

Will Crompton consider increasing its stake in Butterfly Gandhimathi Appliances beyond 75% to achieve full ownership?

How might Crompton leverage its controlling stake to integrate Butterfly's operations with its own consumer electricals business?

Could Crompton's unencumbered shareholding position it for potential strategic moves like delisting or merger with Butterfly?

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Butterfly Gandhimathi Appliances Submits Q4FY26 Share Capital Reconciliation Certificate

1 min read     Updated on 13 Apr 2026, 09:57 PM
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Butterfly Gandhimathi Appliances Limited submitted its Q4FY26 share capital reconciliation certificate to BSE and NSE in compliance with SEBI Depositories Regulation 74(5). The company reported total shareholding of 17,879,551 shares across 19,205 shareholders as of March 31, 2026, with NSDL holding the majority at 16,727,692 shares. During the quarter, 16 physical certificates representing 1,505 shares were dematerialized and the physical certificates were cancelled as per regulatory requirements.

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Butterfly Gandhimathi Appliances Limited has filed its quarterly share capital reconciliation certificate for Q4FY26 with stock exchanges BSE and NSE, fulfilling regulatory compliance requirements under SEBI Depositories Regulation. The submission, dated April 13, 2026, provides comprehensive details of the company's shareholding pattern as of March 31, 2026.

Shareholding Distribution Details

The company's registrar and share transfer agent, GNSA Infotech Private Limited, prepared the detailed reconciliation report showing the complete breakdown of shareholding across different categories. The report demonstrates the distribution of shares among various depository participants and physical shareholders.

Category: Number of Shareholders Number of Shares
NSDL: 6,369 16,727,692
CDSL: 11,037 959,906
Physical: 1,799 191,953
Total: 19,205 17,879,551

Dematerialization Activity

During the quarter ended March 31, 2026, the company processed dematerialization requests for physical share certificates. The registrar confirmed that 16 physical share certificates representing 1,505 shares were successfully converted to electronic form. Following standard regulatory procedures, the physical certificates were mutilated and cancelled after due verification, with depository names substituted as registered owners in company records.

Regulatory Compliance Framework

The submission aligns with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting of share capital reconciliation. Company Secretary and Compliance Officer Jayant Barde (ACS: 61954) digitally signed the compliance documents on April 13, 2026, ensuring proper authorization and documentation.

Market Presence

Butterfly Gandhimathi Appliances Limited maintains its listing presence on both major Indian stock exchanges. The company trades under scrip code 517421 on BSE and symbol BUTTERFLY on NSE, providing investors with accessibility across multiple trading platforms for enhanced liquidity and market participation.

Historical Stock Returns for Butterfly Gandhimathi Appliances

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-1.44%-3.01%-13.12%+1.36%-0.24%

Will the significant imbalance between NSDL and CDSL shareholding distribution impact the company's trading liquidity or investor accessibility?

How might the ongoing dematerialization trend affect Butterfly Gandhimathi's shareholder base composition in upcoming quarters?

What strategic initiatives is the company planning to attract more retail investors given the current shareholder count of 19,205?

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1 Year Returns:+1.36%