This is in furtherance to our disclosure dated March 25, 2022 in connection with the acquisition of 98,33,754 equity shares of Butterfly Gandhimathi Appliances Limited ('Target Company') representing 55.00% of the equity share capital of Target Company ('Sale Shares') by Crompton Greaves Consumer Electricals Limited ('Crompton') through the stock exchange settlement process. We wish to inform you that the Sale Shares have been transferred to Crompton's demat account on March 30, 2022 and Crompton can exercise voting rights in relation to the same.\r\n\r\nCrompton has acquired sole control over the Target Company w.e.f. March 30, 2022 and has become the promoter of the Target Company. \r\n\r\nYou are requested to take the same on your records\r\n