Inactive Instrument

Talwalkars Better Value Fitness Limited

533200

INE502K01016

Talwalkars Better Value Fitness Limited completed the acquisition of 50% stake in Zorba - A Renaissance Studio.

January 31, 2016 at 04:00 am

Talwalkars Better Value Fitness Limited (BSE:533200) signed a memorandum of understanding to acquire 50% stake in Zorba - A Renaissance Studio on January 14, 2016. Dandekar Capital Consulting acted as financial advisor in the transaction.

Talwalkars Better Value Fitness Limited (BSE:533200) completed the acquisition of 50% stake in Zorba - A Renaissance Studio in January, 2016. Talwalkars spent between INR 350 million to INR 450 million for the acquisition of Zorba, Power World Gym, In-Shape and Gym Tracker.

Latest news about Talwalkars Better Value Fitness Limited

Talwalkars Better Value Fitness Limited cancelled the acquisition of 99.996% stake in Firstnutri Weight Loss Private Limited	13/12/19	CI
Talwalkars Better Value Fitness Limited Announces the Resignation of Raman Maroo as Independent Director	27/08/19	CI
Talwalkars Better Value Fitness Limited Reports Earnings Results for the First Quarter Ended June 30, 2019	16/08/19	CI
Talwalkars Better Value Fitness Limited Approves Board Changes	16/08/19	CI
Talwalkars Better Value Fitness Limited Announces Resignation of Manohar Gopal Bhide as Director from the Board of Directors of the Company with Effect from August 8, 2019	09/08/19	CI
Talwalkars Better Value Fitness Limited Announces Resignation of Mrunalini Deshmukh as Independent Director	29/07/19	CI
Talwalkars Better Value Fitness Limited Approves Invitation to Subscribe to Non-Convertible Debentures	28/05/19	CI
Talwalkars Better Value Fitness Limited Reports Audited Standalone and Consolidated Financial Results for the Fourth Quarter and Full Year Ended March 31, 2019	28/05/19	CI
Talwalkars Better Value Fitness Limited Announces Resignation of Gayatri Valan Prasad as Company Secretary and Compliance Officer	17/04/19	CI
Talwalkars Better Value Fitness Ltd Announces Resignation of Mohan Jayakar as Non-Executive Independent Director	04/04/19	CI
Talwalkars Better Value Fitness Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018	14/02/19	CI
Talwalkars Better Value Fitness Limited Announces Management Changes	14/02/19	CI
Talwalkars Better Value Fitness Limited acquired Rushzone Wellness Private Limited for INR 0.1 million.	29/01/19	CI
Talwalkars Better Value Fitness Limited agreed to acquire Firstnutri Weight Loss Private Limited for INR 0.25 million.	13/12/18	CI
Talwalkars Better Value Fitness Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2018	30/10/18	CI
Talwalkars Better Value Fitness Limited Approves Dividend	28/09/18	CI
Talwalkars Better Value Fitness Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2018	13/08/18	CI
Talwalkars Better Value Fitness Limited Approves Management Changes	09/08/18	CI
Talwalkars Better Value Fitness Limited acquired 50% stake in Zorba Renaissance Pvt. Ltd for INR 0.1 million.	04/07/18	CI
Talwalkars Better Value Fitness Limited Reports Audited Consolidated Financial Results for the Fourth Quarter and Full Year Ended March 31, 2018	09/05/18	CI
Talwalkars Better Value Fitness Limited Launches New Products and Services	09/05/18	CI
Talwalkars Better Value Fitness Limited Reports Audited Standalone Financial Results for the Fourth Quarter and Full Year Ended Mar. 31, 2018	07/05/18	CI
Talwalkars Better Value Fitness Limited Recommends Dividend	07/05/18	CI
Mr. Dinesh Afzulpurkar Resigns as Director from the Board of Directors of Talwalkars Better Value Fitness Limited	06/04/18	CI
Talwalkars Better Value Fitness Limited completed the spin-off of Talwalkars Better Value Fitness Limited, Gym Business.	21/02/18	CI

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Company Profile

Talwalkars Better Value Fitness Limited is an India-based holding company. The Company and its subsidiaries are engaged primarily in the business of gyms, spas, aerobics, yoga and health counseling. The Company operates through Lifestyle Business segment. The Company provides a range of wellness programs consisting of Zumba program, Zorba-The Yoga Studio, Nuform, Reduce and Group X, among others. It also includes Medastouch brand, which provides ayurvedic services. Its Reduce brand is accessible through approximately 105 centers, online and offline media. Its Reduce brand offers approximately 65 ready-to-eat and ready-to-cook products, including five varieties of herbal tea, healthy puffs, soups, muesli options and others. Its Nuform uses electrical impulses to stimulate and exercise deep muscle groups. It operates approximately 76 Nuform centers with doorstep and corporate services. It has six theme therapy centers across Hyderabad under its ayurveda line Medastouch.

Sector

Leisure & Recreation

More about the company

Sector Gyms, Fitness and Spa Centers

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PLANET FITNESS, INC.	-0.60%	6.35B
LIFE TIME GROUP HOLDINGS, INC.	+21.88%	3.65B
LEEJAM SPORTS COMPANY	+6.78%	3.04B
SMARTFIT ESCOLA DE GINÁSTICA E DANÇA S.A.	-17.52%	2.34B
ONESPAWORLD HOLDINGS LIMITED	+5.82%	1.56B
BASIC-FIT N.V.	-29.65%	1.42B
CURVES HOLDINGS CO., LTD.	+15.03%	435M
SATS ASA	+11.48%	318M
WORLD FITNESS SERVICES LTD.	0.00%	315M

Gyms, Fitness and Spa Centers