Talwalkars Better Value Fitness Limited at its board meeting held on 9 August, 2018, taken on record the resignation of Mr. Prashant Talwalkar, Managing Director and CEO, Mr. Anant Gawande, Mr. Harsha Bhatkal, Whole-time Directors and Dr. Avinash Phadke, lndependent Director with effect from 9th August, 2018. The company also changed the designation of Mr. Girish Talwalkar from Chairman to Managing Director and CEO with effect from 9th August, for a period of five years subject to the approval of members in the forth-coming Annual General Meeting.