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Butterfly Gandhimathi Appliances Ltd.

BSE: 517421 | NSE: BUTTERFLY |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE295F01017 | SECTOR: Domestic Appliances

BSE Live

Jan 21, 16:00
1276.80 -25.70 (-1.97%)
Volume
AVERAGE VOLUME
5-Day
3,047
10-Day
6,618
30-Day
6,946
2,729
  • Prev. Close

    1302.50

  • Open Price

    1301.90

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Jan 21, 15:58
1280.30 -20.85 (-1.60%)
Volume
AVERAGE VOLUME
5-Day
34,523
10-Day
63,997
30-Day
44,375
38,016
  • Prev. Close

    1301.15

  • Open Price

    1282.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    1280.30 (800)

Company History - Butterfly Gandhimathi Appliances
 The company was promoted by Sri. V.M. Lakshminarayanan and Sri. V.M.
 Kumareason. The company weas originally incorporated as a Private
 Limited Company on 24th February '86 and was converted into a Public
 Limited Company on 25th April, 1990.
 
 The company started business in the year 1986 mainly as a trading
 concern. The commercial production of LPG stoves and Geysers started
 in October 1987. This was followed by commercial production of Mixer/
 Grinders from October 1989. Presently the Company is engaged in
 manufacture of LPG stoves, Mixer/Grinders and Geysers.
 
 PROMOTERS AND THEIR BACKGROUD:
 
 The Company was initially promoted by Sri. V. M. Lakshminarayan and
 Sri. V.M. Kumaresan, sons of Sri V. Murugesa Chettir. Subsequently
 Sri Murugesa Chettiar and his other two sons namely Sri V.M. Seshadri
 and Sri V.M. Balasubramaniam also joined the company as promoters with
 equity stake.
 
 The company is an existing profit making unit.  The Board after
 appraising the market potential is of the view that there is a good
 possibility of expanding the market for the Company's products.
 
 2007
 
 -Mr. D Krishnamurthy has been appointed as Additional Director on the
 Company
 
 2011
 
 -Gandhmthi App Bags large Tamil Nadu Government Orders worth approx.
 Rs. 285 crores
 
 -Mr. V. M. Seshadri has been appointed as Managing Director of the
 Company
 
 -Company has changed its name from Gandhimathi Appliances Ltd. to
 Butterfly Gandhimathi Appliances Ltd.                                
      
 
 
 2012
 
 -Butterfly Gandhimathi Appliances bags order worth Rs 460.50 cr from
 Tamil Nadu Civil
 
 2013
 -The Company has decided to recommended dividend of Rs. 2.50 per
 equity share of paid up and face value of Rs. 10/- each
 -Butterfly Gandhima - Bags Order aggregating Rs. 204 crores
 -Butterfly Gandhimathi bags Rs 204 cr order from Tamil Nadu Civil
 Supplies
 -Butterfly Gandhimathi Appliances Ltd has decided to recommended
 dividend of Rs. 2.50 per equity share of paid up and face value of
 Rs. 10/- each
 
 2014
 -Butterfly Gandhima - Completion of 'Slump Sale' purchase
 -Butterfly Gandhimathi Appliances Limited acquires Domestic Kitchen &
 Domestic Electrical Appliances division from Associate Company LLM
 Appliances Limited
 
 2015
 -Butterfly Gandhimathi Appliances Ltd has bagged Tamil Nadu Civil
 Supplies Corporation Order worth Rs. 510 crores.