Talwalkars Board to consider share reduction & preferential issue

Talwalkars Better Value Fitness Ltd has announced that its Board of Directors will convene on September 24, 2026. The meeting's agenda includes two significant proposals: considering and approving a reduction of shares, and a proposal for raising funds through a preferential issue. Both these actions are being considered in accordance with orders passed by the National Company Law Appellate Tribunal (NCLAT) and the National Company Law Tribunal (NCLT), indicating a major corporate restructuring and fundraising effort.