‘Gandhimathi Appliances Limited’, the flagship company of the Butterfly group, was originally incorporated as Private Limited Company on 24th February 1986 and was converted into a Public Limited Company on 25th April 1990. Subsequent to merger of its associate, Gangadharam Appliances Limited, the name of the Company was rechristened to ‘Butterfly Gandhimathi Appliances Limited’ (BGMAL), with effect from 25th October 2011. BGMAL is listed with Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)
At a time when brass was still considered a wonder metal, Late V.Murugesa Chettiar, found a golden opportunity in Stainless Steel. Thus was born a pioneer. And a Group called ‘Butterfly’. That was five decades ago.
The Group was the first in India to introduce Stainless Steel Pressure Cookers, Stainless Steel LPG Stoves and Unbreakable Stainless Steel Vacuum Flasks; first to acquire the ISO-9001 Certificate of Registration for manufacture and supply of LPG Stoves, Domestic Electric Food Mixers and Table-Top Wet Grinders. Over the years, under the enterprising leadership of Late V. Murugesa Chettiar (Founder – Chairman) and his five sons, Butterfly has grown to be a household name among billions in India.