Reliance AIF sells 5 lakh shares of Butterfly Gandhimathi Appliances

Butterfly Gandhimathi Appliances Ltd. | Consumer Durables - Domestic Appliances | Consumer Durables | BSE: 517421 | NSE: BUTTERFLY

21 Dec 2017 Evaluate

Reliance Alternative Investment Fund (AIF) - Private Equity Scheme-I has sold 5,00,000 equity shares of Butterfly Gandhimathi Appliances. As a result of this disposal, their present percentage of shareholding has been reduced from 13.71% to 10.81%.

Butterfly Gandhimathi Appliances is a manufacturer of domestic kitchen and domestic electrical appliances. The company is engaged in manufacturing Liquefied Petroleum Gas (LPG) Stoves, Mixer Grinders, Table Top Wet Grinders and Pressure Cookers, among others.

Peers

Company Name	CMP
Crompt.Greaves Cons.	226.00
Whirlpool Of India	719.35
PG Electroplast	538.00
Bajaj Electricals	323.10
Orient Electric	167.45
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.