Talwalkars Better value Fitness announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2019.Powered by Capital Market - Live News

Net loss of Talwalkars Better value Fitness reported to Rs 15.61 crore in the quarter ended June 2019 as against net profit of Rs 1.46 crore during the previous quarter ended June 2018. Sales declined 73.23% to Rs 3.21 crore in the quarter ended June 2019 as against Rs 11.99 crore during the previous quarter ended June 2018. ParticularsQuarter Ended�Jun. 2019Jun. 2018% Var. Sales3.2111.99 -73 OPM %-226.1753.88 - PBDT-12.005.69 PL PBT-17.751.24 PL NP-15.611.46 PL Powered by Capital Market - Live News

Talwalkars Better value Fitness will hold a meeting of the Board of Directors of the Company on 13 August 2019.Powered by Capital Market - Live News

Talwalkars made its foray in Yoga space in 2015 by acquiring stake in Zorba Renaissance. Founded by 27 year old Sarvesh Shashi the company owned brand Sarva yoga presently is a chain of 91 open or under-construction studios. In the most promising advent it partnered with OYO Hotels & Homes, the world`s 6th largest chain of hotels, homes, and living spaces, to set-up 500 wellness studios across select OYO Townhouses in India. Through the partnership with Oyo, Sarva will set up wellness studios at select OYO Townhouses. The state of the art studios will become wellness destination for entire neighbourhood and locality. Sarva along with its partnership with OYO aims to make holistic experience at townhouse affordable and easy.The company during the year raised over ~4Mn USD from illustrious list of global investors including David Giampaolo, Mark Mastrov, Jennifer Anniston, Alex Rodriguez, Zumba � etc at a valuation of ~20Mn USD. The Angel round concluded with a great response and also included investments from Bollywood Actors like Malaika Arora and Shahid Kapoor.Last year in October 2018 the company lauched first ever womens only Yoga center Diva -Yoga in Bandra, Mumbai in association with Malaika Arora Khan. Bollywood celebrities like Kareena Kapoor Khan, Alia Bhatt , Amrita Arora were seen as frequently visiting celebrity customers . Malaika Arora in a statement said � Yoga is a way of life that motivates you, grounds you, tones you mentally & physically, makes you mindful and invokes a feeling of happiness in you.With the Diva Yoga and Sarva Yoga Studios, Sarvesh Shashi and I hope to inspire people to adapt a healthy and a happy lifestyle.� Hinting about their digital presence in the future Malaika further added � Some super exciting stuff coming up soon in the digital space �The company has with its dynamic development in the recent past managed to attract enquiries and interests of various institutional investors and is gearing up for an institutional round shortly.Powered by Capital Market - Live News

Talwalkars Better Value Fitness along with its partners UK based David Lloyd Leisure (DLL), Europe`s leading and fastest growing, health, fitness and racquets group - announced initial membership opening of its first club in India in Mid- August 2018. Spread across ~1.2 acres in Wakad, Pune, the club promises to meet international standards. The Club team also made a unique invitation to the members of the inner circle of Pune and Mumbai. The initial club membership is priced between Rs.80,000 to Rs.15 lakhs. Overall the Club pre-sales were seen garnering good response.The operations team of the club has been recruited and support for training and operational excellence is being provided by the David Lloyd Clubs team from the UK. The company is innovatively packaging and facilitating coaching programmes catering age groups. The club will offer a wide range of international standard sports and fitness facilities. Including a heated outdoor swimming pool, jacuzzi, racquets facilities inclusive of tennis, squash and Badminton, a multi-purpose hall, gym and 3 group exercise studios which will host classes like Spinning, Zumba and Yoga. These will be complimented by a range of leisure facilities including two kids activity rooms, a kids soft play zone, billiards room, spa, adult and business lounges and 3 distinctive dining areas; Poolside cafe, The Clubroom and a roof top Global Bar and Restaurant.Powered by Capital Market - Live News