Talwalkars Better Value Fitness Limited submitted the scrutinizer's report for its Annual General Meeting held on September 30, 2026, confirming that all six resolutions were passed with requisite majority. The meeting, chaired by Shilpa Singh at the Mumbai registered office, covered the adoption of FY26 financial statements and key governance appointments.

The scrutinizer, Pooja M Patel of M/s. Pooja M Patel & Associates, validated votes cast through remote e-voting and venue voting. The results were declared to BSE and NSE within two working days of the meeting.

Governance and leadership updates

Shareholders approved the re-appointment of Shilpa Singh as Non-Executive Non-Independent Director, who retired by rotation and was eligible for re-appointment. The board also regularized the position of Meena Arvind Bhanushali, upgrading her from Additional Managing Director to Managing Director.

Auditor appointments

M/s. S K Bhavsar & Co, Chartered Accountants (FRN: 5880W), were appointed as Statutory Auditors for a five-year term. Separately, M/s. Pooja M Patel & Associates, Practicing Company Secretary, were appointed as Secretarial Auditors for a first term of five years.

Special resolutions

A special resolution was passed to adopt a new Memorandum of Association and insert additional main objects. This change aims to align the company's operational scope with its future plans.

Summary of AGM resolutions and voting results

Talwalkars Better Value Fitness Limited (NSE: TALWALKARS) scheduled its Board of Directors meeting for Thursday, September 24, 2026. The agenda focuses on implementing capital structure changes mandated by recent regulatory approvals.

The board will consider two primary proposals aligned with orders from the National Company Law Appellate Tribunal (NCLAT) and the National Company Law Tribunal (NCLT). These actions follow the NCLAT Principal Bench order dated September 3, 2026, in Company Appeal (AT) (Insolvency) No. 710 of 2026.

Regulatory Backdrop

The proposals rely on specific judicial directives. The NCLT Mumbai Bench issued a relief order on February 26, 2026, vide order I.A. No. 840 of 2025 C.P. (IB) No. 1056/MB/2020. This order provides the legal basis for the upcoming corporate actions.

Agenda Items

The board meeting will address the following key matters:

• Share Reduction: Approval of the proposal to reduce shares as per the NCLAT and NCLT orders cited above.
• Preferential Issue: Approval of the proposal to raise funds through a preferential issue, also guided by the same regulatory framework.
• Other Business: Any additional items with the permission of the chairperson.

Meena Arvind Bhanushali, Managing Director, signed the intimation letter dated September 21, 2026. The company is registered at Signature (By Lotus), Andheri West, Mumbai.