Butterfly Gandhimathi Appliances Limited — Others, 21-05-2025: Action(s) initiated or orders passed

Butterfly Gandhimathi Appliances has announced a board meeting to discuss the financial results for the quarter and half-year. The Department of Goods and Services Tax conducted a search at the company’s Chennai factory over alleged excess input tax credit claims. Operations continue normally, and no financial demand has been made so far. This tax inquiry signals a potential risk area but has not impacted daily business, which shareholders should monitor for developments.