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25-Nov2016

Talwalkars gets nod to demerge its Gym business

Talwalkars Better Value Fitness (TBVFL) has received its board's approval for the demerger of Gym business into separate company Talwalkars Lifestyles (TLL). The shareholders of TBVFL will get one equity share having face value of Rs 10 each of TFL for every one equity share of TBVFL.

The Gym business offers a diverse suite of services including gyms, spas, aerobics, yoga and health counseling under the brand “Talwalkars”.

Talwalkars Better Value Fitness is one of the largest fitness chains in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'.

 


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