Control of Talwalkars Better Value Fitness Limited is transitioning due to liquidation proceedings under the Insolvency and Bankruptcy Code, resulting in a reformation of the Board.

New appointees include Arvind Bhanushali as Managing Director, Kurjibhai Rupareliya as Additional Executive Director, and Shilpa Singh as Additional Non-executive Director, effective immediately.

Bhanushali brings over 25 years of experience in digital marketing and business development, while Rupareliya has over 43 years of diverse business experience, focusing on stakeholder alignment and customer excellence.

Singh contributes 15 years of expertise in media and digital marketing.

The changes reflect a strategic shift aimed at enhancing company performance amid the ongoing transition.

Investors should monitor these developments as they may provide fresh strategic direction for the company.