Butterfly Gandhimathi Appliances Limited announced that Mr. P. R. Ramesh, vide his e-mail dated 9 November 2022 has tendered his resignation from the office of independent director on the Board of the company with effect from the close of business hours of 9 November 2022. Mr. P. R. Ramesh has resigned from his position of independent Director on account of realignment of his portfolio of directorships held and confirmed that, there are no other material reasons for him to resign from the company as an Independent Director. Mr. P. R. Ramesh would continue to be on the board of the Holding Company, Crompton Greaves Consumer Electricals Limited as an Independent Director.