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M. MURTY00011179Non-Executive - Independent DirectorChairperson1950-07-25falseActiveYes2022-06-252022-04-012022-04-01362241MrPROMEET GHOSHAAKPG1413H05307658Non-Executive - Non Independent DirectorNot Applicable1968-09-05falseActiveNA2023-05-122023-05-122030MrSHANTANU KHOSLA00059877Non-Executive - Non Independent DirectorNot Applicable1960-01-25falseActiveNA2022-03-302022-03-302010MrKALEESWARAN ARUNACHALAMAGCPA7899K07625839Non-Executive - Non Independent DirectorNot Applicable1980-06-27falseActiveNA2023-11-092023-11-091000MrNITHIYANANDAM ANANDKUMAR10381096Non-Executive - Non Independent DirectorNot Applicable1967-04-03falseActiveNA2023-11-092023-11-091010MrK. E. RANGANATHANAABPR4567Q00058990Non-Executive - Independent DirectorNot Applicable1962-05-25falseActiveNA2024-04-042024-04-0411.271132MsSMITA ANAND00059228Non-Executive - Independent DirectorNot Applicable1959-06-26falseActiveNA2022-04-012022-04-01363320MrMAHESHWARI MOHANAJBPM3829R07156606Non-Executive - Independent DirectorNot Applicable1968-07-30falseActiveNA2015-08-212020-08-21115.12221truetruetruetruetrueAudit Committee00058990K. E. RANGANATHANNon-Executive - Independent DirectorChairperson2024-05-14Audit Committee00011179P. M. MURTYNon-Executive - Independent DirectorMember2022-04-01Audit Committee00059228SMITA ANANDNon-Executive - Independent DirectorMember2022-04-01Audit Committee05307658PROMEET GHOSHNon-Executive - Non Independent DirectorMember2024-05-14Nomination and remuneration committee00059228SMITA ANANDNon-Executive - Independent DirectorChairperson2022-04-01Nomination and remuneration committee00011179P. M. MURTYNon-Executive - Independent DirectorMember2022-04-01Nomination and remuneration committee07156606MAHESHWARI MOHANNon-Executive - Independent DirectorMember2024-05-14Nomination and remuneration committee05307658PROMEET GHOSHNon-Executive - Non Independent DirectorMember2024-05-14Stakeholders Relationship Committee07156606MAHESHWARI MOHANNon-Executive - Independent DirectorChairperson2024-07-25Stakeholders Relationship Committee05307658PROMEET GHOSHNon-Executive - Non Independent DirectorMember2023-05-12Stakeholders Relationship Committee00059228SMITA ANANDNon-Executive - Independent DirectorMember2022-04-01Stakeholders Relationship Committee10381096NITHIYANANDAM ANANDKUMARNon-Executive - Non Independent DirectorMember2024-05-14Risk Management Committee00011179P. M. MURTYNon-Executive - Independent DirectorChairperson2022-04-01Risk Management Committee00059877SHANTANU KHOSLANon-Executive - Non Independent DirectorMember2022-04-01Risk Management Committee07156606MAHESHWARI MOHANNon-Executive - Independent DirectorMember2022-11-22Risk Management Committee00059228SMITA ANANDNon-Executive - Independent DirectorMember2022-04-01Risk Management Committee00058990K. E. RANGANATHANNon-Executive - Independent DirectorMember2024-05-14Risk Management Committee07625839KALEESWARAN ARUNACHALAMNon-Executive - Non Independent DirectorMember2024-05-14Corporate Social Responsibility Committee00059877SHANTANU KHOSLANon-Executive - Non Independent DirectorChairperson2022-04-01Corporate Social Responsibility Committee00011179P. M. MURTYNon-Executive - Independent DirectorMember2022-04-01Corporate Social Responsibility Committee00059228SMITA ANANDNon-Executive - Independent DirectorMember2022-04-01Corporate Social Responsibility Committee07156606MAHESHWARI MOHANNon-Executive - Independent DirectorMember2022-04-012024-11-11true8842025-02-1090true884Audit Committee2024-11-11true4430Audit Committee2025-02-1191true4430Corporate Social Responsibility Committee2025-02-10true4430Risk Management Committee2024-12-18true6440truetruetruetrueYestruetruetrueThe Compliance report on Corporate Governance for the quarter ended December 31, 2024, was placed before the Board of Directors of the Company. The Compliance report on Corporate Governance for the quarter ended March 31, 2025 will be placed before the Board of Directors at the ensuing Board Meeting. V A JospehChief Financial OfficerYeshttps://www.butterflyindia.com/investor-relations/Yeshttps://www.butterflyindia.com/investor-relations/#MOA&AOAYeshttps://www.butterflyindia.com/investor-relations/Yeshttps://www.butterflyindia.com/investor-relations/#policiesYeshttps://www.butterflyindia.com/investor-relations/Yeshttps://www.butterflyindia.com/wp-content/uploads/2023/05/Code-of-Conduct_2023.pdfYeshttps://www.butterflyindia.com/wp-content/uploads/2022/09/Whistle-Blower-Policy_28092022.pdfYeshttps://www.butterflyindia.com/wp-content/uploads/2023/02/Criteria-of-making-payments-to-Non-Executive-Directors.pdfYeshttps://www.butterflyindia.com/wp-content/uploads/2024/11/RPT-Policy.pdfNAYeshttps://www.butterflyindia.com/investor-relations/#stock-exchange-filingsYeshttps://www.butterflyindia.com/investor-relations/#policiesYeshttps://www.butterflyindia.com/investor-relations/#policiesYeshttps://www.butterflyindia.com/investor-relations/#policiesYeshttps://www.butterflyindia.com/investor-relations/#stock-exchange-filingsNANANANAYeshttps://www.butterflyindia.com/investor-relations/Yeshttps://www.butterflyindia.com/wp-content/uploads/2025/01/Credit-Rating-Intimation.pdfNAYeshttps://www.butterflyindia.com/investor-relations/#anncontYeshttps://www.butterflyindia.com/wp-content/uploads/2024/04/BGMAL-Materiality-Policy.pdfYeshttps://www.butterflyindia.com/investor-relations/Yeshttps://www.butterflyindia.com/investor-relations/NAYeshttps://www.butterflyindia.com/wp-content/uploads/2021/04/Dividend-Distribution-Policy-20.10.2020.pdfYeshttps://www.butterflyindia.com/wp-content/uploads/2025/04/Annual-Return_2023-24.pdfNAYeshttps://www.butterflyindia.com/investor-relations/Yeshttps://www.butterflyindia.com/investor-relations/YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesYesYesYesYesYesYesYesYesYesNANAV A JospehChief Financial OfficerYesV A JosephChief Financial OfficerfalseV A JosephChief Financial OfficerMumbai2025-04-2801100The Additional Commissioner of GST & Central Excise (Appeals-II), Chennai, Tamil NaduDemand raised under section 73 of the GST Act 20172025-03-10Demand has been raised on account of transitional ITC availed on goods procured from supplier having areabased exemption.There is no material impact on the financials, operations, or other activities of the Company. Potential impact on financials - Tax demand - INR 69,28,606/- Interest – INR 92,88,023 /- Penalty demand - INR 6,92,861/-The Superintendent of GST & Central Excise, Thiruporur Range, Marai Malai Nagar Division, Tamil NaduDemand raised under section 73 of the GST Act 20172025-02-28Demand has been raised on account of ITC availed on invoices where vendor has not filed their GSTR3B.There is no material impact on the financials, operations, or other activities of the Company. Potential impact on financials - Tax demand - INR 69,376/- Interest – INR 52,049/- Penalty demand - INR 10,000/-Commissioner Of Central Excise, Chennai-IV2012-09-26The company had received the Show cause Notice from Commissioner of Central Excise, Chennai -IV for the Year 2011-12 to 2013-14 for valuation of Excise Duty on Maximum Retail Price. Demand is raised for differential Excise duty between valuation under Section 4 (Duty on Basic Value) and Section 4(a) (Duty on MRP less Abatement) against the products supplied to TNCSC (Tamil Nadu Civil Supplies Corporations) under Central Excise Act, for the financial year 2011-12 to 2013-14. Excise Duty valuation on certain goods falling under Notification 49/2008 to be calculated on MRP base assessment. Our goods Tabletop Wet Grinders and Mixer Grinders fall under said notification and valued as per above said notifications. When the same was supplied to TNCSC, the contract rate was applied as MRP. In normal course of business, the MRP valuation will give more revenue than valuation on selling price, being contract sales and contract price was adopted as MRP (Since they were supplied as free to women beneficiaries by Tamil Nadu Govt). Difference of Excise Duty on such supplies demanded by department and replies were filed. The Commissioner had confirmed the demand. The Company went for an appeal to CESTAT (Central Excise Service Tax Appellate Tribunal), Chennai and got favorable order. Now the Department went for further appeal to the Honorable Supreme Court of India. The matter was pending for hearing before The Honourable Supreme Court of IndiaThe matter is pending for hearing before The Honourable Supreme Court of IndiaAssistant Commissioner of Central GST, Maraimalai Nagar Division2022-08-20ITC reversal demanded against the credit availed in Trans-2 returns during the year 2017-18. Company had availed proportioned ITC for sales made between July17 to Dec 17 against the goods procured from the vendors who were availing Area based exemption in erstwhile law. Since these goods were procured without Excise Duty, ITC was availed in Trans-2 as when they are supplied after paying applicable GST. Department has confirmed the demand and passed order. The Compnay has received an order from the Assistant Commissioner of Central GST, Maraimalai Nagar Division by confirming an ITC reversal against the credit availed in Trans-2 returns during the year 2017-18. The said notice was received on 03.08.2023. The Company is in process to make an appeal to Commissioner of Central GST, Chennai Outer Commissionerate. Personal Hearing was posted on 24.01.2025 before The Commissioner of Central GST, Appeal.It has been considered for settlement under Amnesty scheme.00000000000000000000000000000000All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueV A JosephCFOMumbai2025-04-25