Talwalkars Better Value Fitness Ltd

Talwalkars Better Value Fitness Ltd has submitted a copy of the National Company Law Appellate Tribunal (NCLAT) order dated September 3, 2026. This order arises from an appeal concerning a previous ruling by the National Company Law Tribunal (NCLT) Mumbai Bench on February 26, 2026. The appeal was filed by Ravikumar Gaurishankar Patel, the successful auction purchaser of Talwalkars Better Value Fitness Ltd for Rs. 15 Cr. The NCLT had rejected or partly allowed certain reliefs sought by the appellant to operationalize the company as a going concern, directing them to approach regulatory authorities like SEBI and stock exchanges. The NCLAT is now reviewing this decision.

Talwalkars Better Value Fitness Ltd has announced its Annual Report for the financial year 2025-26 and the upcoming Annual General Meeting (AGM). The AGM is scheduled for Wednesday, September 30, 2026, at 11:30 AM IST, to be held at the company's registered office in Mumbai. Key agenda items include the adoption of the audited financial statements for FY 2025-26 and the reports of the Board of Directors and Auditors. Additionally, the appointment of Ms. Shilpa Singh as a Director retiring by rotation will be considered. The company is also complying with SEBI Listing Regulations by sending web-links for the AGM notice and Annual Report to members.

Talwalkars Better Value Fitness Ltd has submitted the notice for its Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 11:30 AM IST in Mumbai. The agenda includes the adoption of financial statements for the fiscal year ended March 31, 2026, the appointment of Ms. Shilpa Singh as a Director, the reappointment of M/s. S K Bhavsar & Co. as Statutory Auditors for five years, and the regularization of Ms. Meena Arvind Bhanushali's appointment as Managing Director for a five-year term.

Talwalkars Better Value Fitness Ltd has announced a book closure period from September 24, 2026, to September 30, 2026, for its 16th Annual General Meeting (AGM). The register of members and share transfer books will be closed during this period. The company has also fixed September 23, 2026, as the cut-off date for determining voting entitlements for the AGM. The remote e-voting period will be from September 27, 2026, to September 29, 2026.

Talwalkars Better Value Fitness Ltd's Board of Directors met on September 1, 2026. Key decisions included approving alterations to the Object Clause of the Memorandum of Association, subject to member approval. The Board also approved the Directors' Report for the financial year 2025-26 and the Notice for the 16th Annual General Meeting (AGM). The AGM is scheduled for September 30, 2026, with e-voting from September 27 to September 29, 2026. The register of members and share transfer book will be closed from September 24 to September 30, 2026.

Mr. Arvind Pradhan Bhanushali has resigned as a Non-Executive Director of Talwalkars Better Value Fitness Ltd. His resignation is effective from August 24, 2026, and he cited personal reasons. He has confirmed there are no other material reasons for his departure. The company has provided the necessary disclosures as per SEBI regulations.

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.

Talwalkars Better Value Fitness Ltd announced the appointment of Ms. Meena Arvind Bhanushali as Managing Director, effective August 19, 2026, for a five-year term. This follows the resignation of Mr. Arvind Pradhan Bhanushali from the MD position, though he will continue as a Non-Executive Director. The company also noted the resignation of Mr. Kurjibhai Premjibhai Rupareliya as Executive Director due to personal reasons. These changes are subject to regulatory and shareholder approvals.

Talwalkars Better Value Fitness Ltd announced that Mr. Arvind Pradhan Bhanushali has resigned as Managing Director, effective August 18, 2026. He will continue to serve the company as a Non-Executive Director. Concurrently, Ms. Meena Arvind Bhanushali has been appointed as the new Managing Director for a term of five years, subject to regulatory and shareholder approvals. The board also noted the resignation of Mr. Kurjibhai Premjibhai Rupareliya as an Executive Director.

Talwalkars Better Value Fitness Ltd announced that Mr. Kurjibhai Premjibhai Rupareliya has resigned as an Executive Director of the company, effective August 18, 2026. The resignation was accepted by the Board of Directors due to personal reasons. The company also noted the resignation of Mr. Arvind Pradhan Bhanushali as Managing Director, who will continue as a Non-Executive Director, and the appointment of Ms. Meena Arvind Bhanushali as the new Managing Director.