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Talwalkars Better Value Fitness Limited will hold a board meeting on Thursday, September 24, 2026, to consider and approve a proposal for reduction of shares and raising of funds via a preferential issue, both actions mandated by orders from the National Company Law Appellate Tribunal Principal Bench, New Delhi dated September 3, 2026, and the National Company Law Tribunal Mumbai Bench dated February 26, 2026.

An Indian National Company Law Tribunal (NCLT) has partially ruled in favor of an appeal related to a corporate insolvency resolution process, facilitating the transfer of ownership and operations of a company sold as a “going concern.” The tribunal directed authorities to recognize the sale and allow the new owner to assume shareholding, manage existing legal matters, and retain consents, approvals, licenses, and rights. Crucially, the NCLT ordered the Liquidator and Registrar of Companies to change the company’s status from “liquidation” to “active” on the Ministry of Corporate Affairs portal, a move deemed essential for the successful transition. While some requests for relief were denied as falling outside the scope of the sale agreement, the tribunal emphasized adherence to the Insolvency and Bankruptcy Code and preservation of statutory powers.

Talwalkars Better value Fitness will hold a meeting of the Board of Directors of the Company on 14 August 2026.

Net Loss of Talwalkars Better value Fitness reported to Rs 79.29 crore in the quarter ended March 2026 as against net loss of Rs 5.71 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 and during the previous quarter ended March 2025.For the full year,net loss reported to Rs 87.38 crore in the year ended March 2026 as against net loss of Rs 20.93 crore during the previous year ended March 2025. There were no Sales reported in the year ended March 2026 and during the previous year ended March 2025.Powered by Capital Market - Live News

Talwalkars Better value Fitness will hold a meeting of the Board of Directors of the Company on 30 May 2026.