Demerger/Restructuring
Talwalkars Better Value Fitness Capital Reduction Effective
Talwalkars Better Value Fitness received ROC certification confirming reduction of paid-up share capital to ₹50 lakh, effective 5 November 2026.
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Talwalkars reported revised paid-up share capital of Rs 50 lakh effective from 5 November 2026. It is represented by 5 lakh equity shares with a face value of Rs 10 each.
Talwalkars Better Value Fitness approved cancellation and extinguishment of 3,10,04,856 equity shares. This includes 1,01,98,415 shares held by pre-liquidation promoters and promoter group entities and 2,08,06,441 shares held by pre-liquidation public shareholders.
The board considered a reduction of share capital and a preferential issue of equity shares under NCLT and NCLAT orders.
The 16th AGM is scheduled for September 30, 2026, at 11:30 am at the company’s registered office in Andheri West, Mumbai.
