Butterfly Gandhimathi Appliances Limited has disclosed receiving a GST demand order from tax authorities in Vijayawada, Andhra Pradesh. The company informed stock exchanges about this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Details

The Deputy Commissioner (ST) Special Circle-VJA2, Vijayawada has imposed a total demand of ₹9.21 lakh on the company for the period April 2021 to March 2022. The demand was raised under section 73 of the GST Act, 2017.

Nature of Violation

The GST demand has been raised on account of alleged disallowance of GST on credit notes issued to customers. The company received the order on December 30, 2025, at 19:18 hours. This represents a compliance matter related to the company's GST credit note practices during the specified financial year.

Company's Response Strategy

Based on the merits of the matter, prevailing law, and advice from consultants, Butterfly Gandhimathi Appliances is planning to appeal against this order before the Commissioner (Appeals). The company has expressed confidence in receiving favorable orders from the appellant authorities.

Financial Impact Assessment

Despite the ₹9.21 lakh demand, the company has stated that there is no material impact on its financial, operations, or other activities. This suggests that the amount, while significant in absolute terms, does not pose a substantial threat to the company's overall business operations or financial stability.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI LODR regulations. The company also referenced SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, demonstrating adherence to current regulatory disclosure requirements. Company Secretary & Compliance Officer Jayant Barde signed the disclosure document on December 31, 2025.

Butterfly Gandhimathi Appliances Limited has announced the reconstitution of its Corporate Social Responsibility (CSR) Committee, effective January 1, 2026. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Resolution and Approval

The Board of Directors approved the reconstitution through a circular resolution passed on December 23, 2025. The decision involves inducting Mr. Kaleeswaran Arunachalam, a Non-Executive Non-Independent Director of the company, as a new member of the CSR Committee and appointing him as the Chairperson.

Revised Committee Composition

The reconstituted Corporate Social Responsibility Committee will have the following composition effective January 1, 2026:

Committee Structure

The newly constituted committee maintains a balanced structure with three members. Mr. Kaleeswaran Arunachalam will lead the committee as Chairperson, bringing his experience as a Non-Executive Non-Independent Director. The committee retains two experienced Independent Directors, Mr. P.M. Murty and Ms. Smita Anand, ensuring continuity in the committee's operations.

Regulatory Compliance

The reconstitution aligns with the company's commitment to maintaining robust corporate governance practices. The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's adherence to regulatory disclosure requirements.

The changes reflect the company's ongoing efforts to strengthen its corporate social responsibility framework through effective committee governance and leadership transitions.