TALWALKARSNSETalwalkars Better Value Fitness Limited· Leisure FacilitiesMediumNeutral
Announced Tue, 14 Apr · 15:32 IST

Talwalkars Better Value Fitness Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At a board meeting on April 14, 2026, Talwalkars Better Value Fitness approved multiple changes: (1) shifting its registered office from Bandra West to Andheri West, Mumbai; (2) appointing M/s. S K Bhavsar & Co. as Statutory Auditors for FY 2026-27, with authority to finalize financial statements pending from prior NCLT proceedings; (3) noting the resignation of Ms. Pooja Jain as Company Secretary and Compliance Officer effective April 10, 2026; (4) appointing Mr. Kamlesh Laxmanbhai Bachani as the new Company Secretary and Compliance Officer from April 14, 2026; (5) appointing M/s Pooja M Patel & Associates as Secretarial Auditor for 5 years; and (6) appointing M/s. Kishan Patel & Associates as Internal Auditor for FY 2026-27. The company appears to be reorganising its compliance and audit machinery, likely as it emerges from insolvency proceedings.

Likely market impact

Routine KMP and auditor reshuffle with no impact on operations; the appointment of a new auditor to clear NCLT-era pending financials is a positive step toward restoring financial transparency and regulatory compliance, which should reassure shareholders.