Butterfly Gandhimathi Appliances Limited, a renowned name in the Indian consumer appliances sector, has announced the closure of its trading window for all designated persons and connected insiders. The trading restriction is being enforced in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and is applicable ahead of the upcoming financial results for the quarter ending June 30, 2025 (Q1 FY26).

The communication, dated June 24, 2025, has been formally addressed to both BSE Limited (Scrip Code: 517421) and National Stock Exchange of India Limited (Symbol: BUTTERFLY), outlining the period of closure and its rationale.

Regulatory Basis and Insider Trading Compliance

The SEBI (Prohibition of Insider Trading) Regulations, 2015, mandate listed companies to establish a clear framework to prevent misuse of Unpublished Price Sensitive Information (UPSI). One of the key components of this framework is the closure of the trading window, which restricts buying and selling of company securities by individuals likely to possess sensitive financial data.

The company's internal Code of Conduct for Prevention of Insider Trading requires a blackout period for trading by:

• Designated Persons (Directors, KMPs, and specified employees)

• Immediate Relatives of Designated Persons

• Connected Persons (as defined under SEBI PIT norms)

Accordingly, Butterfly Gandhimathi Appliances Limited will enforce a trading blackout from July 1, 2025, until 48 hours after the financial results for Q1 FY26 are announced by the Board of Directors.

Objective Behind the Trading Window Closure

The primary aim of the trading window closure is to prevent insider trading and ensure market integrity. During the blackout period, no person with access to UPSI shall engage in transactions related to the company’s securities.

The board is expected to meet in the coming weeks to consider and approve the standalone unaudited financial results for the quarter ended June 30, 2025. The exact date of this board meeting will be disclosed by the company in a separate intimation to the stock exchanges, in line with Regulation 29 of SEBI LODR Regulations.

Who is Affected by the Trading Window Closure?

The trading window restrictions apply to a wide spectrum of individuals who are likely to have access to confidential financial or strategic information. This includes:

• Members of the Board of Directors

• Key Managerial Personnel (KMPs)

• Senior employees identified as Designated Persons

• Immediate relatives of the above categories

• Professional advisors and consultants, if they qualify as Connected Persons

All such individuals are prohibited from trading in equity shares and any other securities of the company during the window closure period. Any violation may attract penal consequences under SEBI's regulatory framework.

SEBI Guidelines on Trading Window Closure

As per SEBI’s clarification and circulars, especially SEBI circular CIR/ISD/1/2015 dated May 11, 2015, companies must:

• Determine the start and end of the trading window closure period in advance

• Ensure the window closes at least from the end of the quarter until 48 hours after the results are made public

• Intimate the exchanges and publish the same on the company’s official website

Butterfly Gandhimathi has adhered strictly to these guidelines, with the trading window beginning July 1, 2025, aligning with the end of the June quarter, and remaining shut until the cooling-off period after result declaration.

Intimation Channels and Corporate Transparency

The company has proactively disclosed this trading window closure on:

• The websites of BSE and NSE

• Its official company website: www.butterflyindia.com

Such disclosures ensure transparency, accountability, and trust in the public markets and are part of Butterfly Gandhimathi’s ongoing commitment to SEBI compliance and good corporate governance practices.

Market Implications and Investor Impact

While the trading window closure applies only to designated individuals and insiders, it sends a strong signal to the market that the company is preparing to announce its quarterly results. For retail and institutional investors, this signals an upcoming board meeting and may raise expectations regarding performance disclosures for the first quarter of FY26.

Butterfly Gandhimathi is known for its seasonal business cycles, especially benefiting from appliance purchases during the summer months, including peak demand for fans, mixers, grinders, and other kitchen appliances. As such, Q1 financial performance is often considered indicative of the company’s yearly trend.

Investors and analysts are expected to closely watch the Q1 FY26 results to evaluate:

• Year-on-year and quarter-on-quarter growth trends

• Impact of inflation or raw material pricing on margins

• Expansion plans and product innovations

• Operational efficiency and revenue growth

Company Background

Butterfly Gandhimathi Appliances Limited, headquartered in Chennai, is a leading manufacturer and marketer of kitchen and home appliances. The company offers a broad portfolio of products including pressure cookers, LPG stoves, mixer grinders, table-top wet grinders, and electric fans. Its widespread distribution network and brand recognition make it a household name across South India and growing markets nationwide.

The company has also seen strategic partnerships and a broader market push, especially following its acquisition by Crompton Greaves Consumer Electricals Limited. This has enhanced its product innovation, supply chain, and brand development initiatives.

Expected Timeline of Events

Conclusion

The closure of the trading window from July 1, 2025, by Butterfly Gandhimathi Appliances Limited, is a routine yet essential compliance measure under the SEBI insider trading framework. This proactive step safeguards sensitive financial data, preserves market integrity, and aligns the company with best practices in corporate governance.

Investors, analysts, and stakeholders can expect further updates regarding the Board Meeting for Q1 FY26 results in the coming days. Meanwhile, designated individuals and insiders are strictly barred from dealing in company securities to maintain fair trading principles.

For more details, shareholders may visit www.butterflyindia.com or refer to further communications made via stock exchanges.

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