Butterfly Gandhimathi Appliances Limited has disclosed receiving a compensation order from the Abu Dhabi Commercial Court, marking a development in a consumer injury case involving one of its products. The company made this disclosure under Regulation 30 of SEBI Listing Regulations on February 27, 2026.

Court Order Details

The Abu Dhabi Commercial Court has awarded compensation in favor of a consumer who sustained an injury while using a Butterfly product. The court order includes specific financial implications for the company.

Case Background

The compensation order stems from a consumer complaint regarding alleged product failure or malfunctioning. The consumer sustained an injury while using a Butterfly product, leading to the legal proceedings in the Abu Dhabi Commercial Court. This disclosure serves as a continuation of the company's earlier intimation dated December 12, 2025, indicating ongoing legal proceedings.

Financial Impact Assessment

Despite the court's compensation award, Butterfly Gandhimathi Appliances has assessed the impact on its business operations. The company has explicitly stated that there is no material impact expected on its financials, operations, or other business activities from this order.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulation. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, demonstrating adherence to regulatory disclosure requirements for material events that could affect stakeholder interests.

Butterfly Gandhimathi Appliances Limited has announced the resignation of a senior management personnel, marking a key leadership change within the organization. The company disclosed this development to stock exchanges on February 19, 2026, in compliance with regulatory requirements.

Senior Management Departure

Mr. Senthil Kumar Raja S, who served as Head of Procurement with the designation of General Manager, has tendered his resignation from his position. The company has accepted his resignation, which will be effective from the closure of business hours on February 27, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there are no other material reasons for the resignation beyond the personal reasons mentioned.

The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited through official correspondence signed by Jayant Barde, Company Secretary & Compliance Officer. The company provided complete documentation including the resignation letter and acceptance correspondence as required under regulatory guidelines.

Background Details

According to the resignation correspondence, Mr. Senthil Kumar Raja S initially submitted his resignation on December 5, 2025, citing career goals and new opportunities that align better with his professional aspirations. In his resignation letter, he expressed gratitude to Butterfly Gandhimathi Appliances for providing valuable growth opportunities during his tenure.

The company acknowledged his resignation and agreed to his requested last working day of February 27, 2026. This transition period allowed for proper handover of responsibilities and organizational continuity in the procurement function.