Reliance PE-backed kitchen appliance maker Butterfly Gandhimathi Appliances Ltd today informed Bombay Stock Exchange that it has bagged Rs 510-crore worth of order from Tamil Nadu Government.
The order is to supply table top wet grinders, which will be supplied by the state government through Tamil Nadu Civil Supplies Corporation, as part of its poll promises. Free wet grinders was one of the freebies, which the ruling AIADMK Government promised to the people who are under BPL, during the assembly election campaign in 2011.
The company said that the order will be completed by calendar year 2015.
The state government's scheme would be applicable to nearly 1.85 crore women beneficiaries from those households with rice-drawing family cards.
