StockWatch
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Wellness
Management Change19 Aug 2026, 02:10 pm

Talwalkars Better Value Fitness: MD Resigns, New MD Appointed

AI Summary

Talwalkars Better Value Fitness Ltd announced a revised outcome of its board meeting held on August 18, 2026. The board accepted the resignation of Mr. Arvind Pradhan Bhanushali as Managing Director, effective August 18, 2026, though he will continue as a Non-Executive Director. Concurrently, Ms. Meena Arvind Bhanushali has been appointed as the new Managing Director for a term of five years, effective August 19, 2026, subject to regulatory and shareholder approvals. The company also noted the resignation of Mr. Kurjibhai Premjibhai Rupareliya as an Executive Director due to personal reasons.

Key Highlights

  • Mr. Arvind Pradhan Bhanushali resigns as Managing Director.
  • Mr. Bhanushali will continue as a Non-Executive Director.
  • Ms. Meena Arvind Bhanushali appointed as new Managing Director.
  • New MD appointment is for five years, subject to approvals.
  • Mr. Kurjibhai Premjibhai Rupareliya resigns as Executive Director.