Butterfly Gandhimathi Appliances Limited has disclosed that its board, at a meeting held to consider governance matters, approved the re-appointment of two Non-Executive Independent Directors for a second three-year term, effective from April 1, 2027 to March 31, 2030, subject to the shareholders’ approval. The moves underscore the company’s emphasis on continuity and independent oversight as it navigates a period of sustained growth.
P. M. Murty brings a four-decade track record in corporate leadership and strategic management. A post-graduate management alum from the Indian Institute of Management, Calcutta, he previously served as the Managing Director of Asian Paints Limited, steering business growth and governance enhancements. His leadership has been recognized with the Business Standard CEO of the Year award for FY 2009-10, underscoring a career defined by transformation and value creation.
Smita Anand contributes over thirty years of experience in global management consulting, leadership advisory, and talent management. She has held senior roles including Managing Director at Leadership Consulting India and Asia Head of Board/CEO Succession Solutions at Korn Ferry, with prior leadership stints at AON Hewitt, Ernst & Young, and PricewaterhouseCoopers. Her deep HR and governance perspective is expected to complement the board’s oversight as Butterfly Gandhimathi Appliances progresses along its strategic roadmap.
In line with governance best practices, the company also approved issuing a Postal Ballot Notice to seek members’ consent for the re-appointments. The development reflects a deliberate effort to reinforce board-level independence and continuity, supporting the company’s governance framework as it advances growth and value creation for its stakeholders.