Annual General Meeting Details
The 16th Annual General Meeting of Talwalkars Better Value Fitness Limited will be held on Wednesday, 30 September 2026 at 11:30 AM (IST) at the company's registered office: 1702, 17th Floor, Signature (By Lotus), Off Veera Desai Road Extn., Andheri West, Mumbai, Maharashtra, India, 400053.
Ordinary Business Items
Item No. 1: Adoption of Financial Statements
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026
- Includes reports of the Board of Directors and Auditors thereon
- Proposed as Ordinary Resolution
Item No. 2: Appointment of Director Retiring by Rotation
- To appoint Ms. Shilpa Singh (DIN: 08448114) as Director of the Company
- She retires by rotation at this meeting
- Proposed as Ordinary Resolution under Section 152 of Companies Act, 2013
Item No. 3: Appointment of Statutory Auditors
- To appoint M/s. S K Bhavsar & Co., Chartered Accountants (FRN: 0145880W) as Statutory Auditor
- Term: 5 years from conclusion of AGM (FY 2026-2027 to 2030-31)
- Remuneration to be fixed by Board of Directors in consultation with auditors
- Proposed as Ordinary Resolution under Section 139 of Companies Act, 2013
Special Business Items
Item No. 4: Regularization of Managing Director Appointment
- To regularize appointment of Ms. Meena Arvind Bhanushali (DIN: 10816424) as Managing Director
- Appointment effective from 19 August 2026 for period of 5 years
- Terms and conditions including remuneration as set out in explanatory statement
- Board authorized to finalize and vary terms within prescribed limits
- Proposed as Ordinary Resolution under Sections 196, 197, 198, 200, 203 of Companies Act, 2013
Item No. 5: Adoption of New Memorandum of Association and Additional Main Objects
- To adopt new MOA in conformity with Companies Act, 2013 format
- To insert five additional Main Object Clauses while retaining existing two Main Object Clauses
- Additional objects include:
- Licensing and commercial exploitation of trademarks including "Talwalkar" brand
- Production, acquisition, distribution of films, motion pictures, and audiovisual content
- Acquisition and commercial exploitation of intellectual property rights
- Acquisition and exploitation of film rights through various distribution modes
- Jewelry business including manufacturing, trading of precious stones and gemstones
- Proposed as Special Resolution under Sections 4, 13 of Companies Act, 2013
Item No. 6: Appointment of Secretarial Auditor
- To appoint M/s. Pooja M. Patel & Associates, Practicing Company Secretaries (Peer Review Certificate No. 7695/2026)
- Term: 5 consecutive financial years (2026-27 to 2030-31)
- Remuneration and terms to be finalized by Board of Directors
- Proposed as Ordinary Resolution under Section 204 of Companies Act, 2013 and Regulation 24A of SEBI LODR
Voting Arrangements
- Remote e-voting period: Sunday, 27 September 2026 (9:00 AM) to Tuesday, 29 September 2026 (5:00 PM)
- Record date for voting: Wednesday, 23 September 2026
- NSDL appointed as e-voting service provider
- Physical voting available at AGM venue
Share Transfer Book Closure
- Register of Members and Share Transfer Books will remain closed from Thursday, 24 September 2026 to Wednesday, 30 September 2026 (both days inclusive)
Director Information
Ms. Shilpa Satendrakumar Singh (DIN: 08448114)
- Date of Birth: 04-06-1990 | Nationality: Indian
- First appointed: 16 March 2026
- Designation: Non-Executive Director
- Qualification: Bachelor's in Arts
- Experience: 15+ years in media, marketing, and digital marketing
- Shareholding: Nil
- Directorships: Elephant Digital Media Private Limited, Neott Media Private Limited
Ms. Meena Arvind Bhanushali (DIN: 10816424)
- Date of Birth: 16-09-1974 | Nationality: Indian
- First appointed: 19 August 2026
- Designation: Managing Director
- Qualification: Diploma in Post-Graduation, Marketing
- Experience: Associated with HIFI Digital Advertisement since 2017 in digital advertising and business operations
- Shareholding: Nil
- Directorship: HIFI Digi Advertising Solutions Limited