BSETalwalkars Better Value Fitness LtdHighNeutral
Announced Tue, 18 Aug, 2026 · 20:10 IST

Meena Bhanushali appointed Managing Director; Arvind Bhanushali steps down

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

On 18 August 2026, the Board appointed Meena Arvind Bhanushali (DIN 10816424) as Managing Director from 19 August 2026 for five consecutive years, subject to regulatory and shareholder approval. Arvind Pradhan Bhanushali stepped down as Managing Director but will remain a non-executive director. Kurjibhai Rupareliya also resigned as executive director for personal reasons.

Likely market impact

The MD role shifts from Arvind Bhanushali to his spouse, Meena. Arvind remains on the board, but Meena's five-year tenure requires shareholder approval.