Outcome of Board Meeting

TALWALKARS BETTER VALUE FITNESS LIMITED CIN: L92411MH2003PLC140134 Registered Office: 1702, 17th Floor, Signature (By Lotus), Off Veera Desai Road Extn., Andheri West, Andheri, Mumbai, Mumbai, Maharashtra, India, 400053 ✉ talwalkarbetter@gmail.com |📞 +91 98199 44575 |🌐 talwalkarsfitness.com Date: 18th August 2026 To, To, Manager– CRD The Manager – Listing BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400 001. Bandra (East), Mumbai - 400 051. Scrip Code: 533200 SYMBOL: TALWALKARS Dear Sir/Madam, Subject: Intimation cum Outcome of Board Meeting held on Tuesday, 18th August 2026 -Talwalkars Better Value Fitness Limited (“the Company”) ------------------------------------------------------------------------------------------------------------------------------ Pursuant to the provision of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform you that the Board of Directors of the Company, at their meeting held today i.e., Tuesday, 18th August 2026, inter alia considered and transacted the following business: 01. Resignation of Mr. Arvind Pradhan Bhanushali (DIN: 00134211) as Managing Director & Continue as an Executive Director of the company. The Board of Directors has taken note on the Resignation of Mr. Arvind Pradhan Bhanushali (DIN: 00134211) from the position of Managing Director from closure of working hours on Tuesday, 18th August 2026 and continue as Non-Executive Director of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, are provided as per “Annexure – A”. 02. Appointment of Ms. Meena Arvind Bhanushali [DIN: 10816424] as Managing Director of the Company The Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors has appointed Ms. Meena Arvind Bhanushali [DIN: 10816424] as Managing Director of the Company w.e.f. 19th August 2026 for a period of five consecutive years, subject to the approval of regulatory/statutory authorities and the shareholders of the Company at the ensuing General Meeting. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, are provided as per “Annexure – B”. TALWALKARS BETTER VALUE FITNESS LIMITED CIN: L92411MH2003PLC140134 Registered Office: 1702, 17th Floor, Signature (By Lotus), Off Veera Desai Road Extn., Andheri West, Andheri, Mumbai, Mumbai, Maharashtra, India, 400053 ✉ talwalkarbetter@gmail.com |📞 +91 98199 44575 |🌐 talwalkarsfitness.com 03. Resignation of Mr. Kurjibhai Premjibhai Rupareliya (DIN: 05109049) as an Executive Director of the company. The Board of Directors took note of the resignation of Mr. Kurjibhai Premjibhai Rupareliya (DIN: 05109049) from the position of Executive Director of the Company, with effect from 18th August 2026, due to personal reasons, further he has confirmed that there are no other material reasons for his resignation other than as mentioned above. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, are provided as per “Annexure – C”. The Meeting commenced at 06:15 PM and concluded at 07:00 PM. Thanking you, For, Talwalkars Better Value Fitness Limited Arvind Pradhan Bhanushali Managing Director DIN: 00134211 TALWALKARS BETTER VALUE FITNESS LIMITED CIN: L92411MH2003PLC140134 Registered Office: 1702, 17th Floor, Signature (By Lotus), Off Veera Desai Road Extn., Andheri West, Andheri, Mumbai, Mumbai, Maharashtra, India, 400053 ✉ talwalkarbetter@gmail.com |📞 +91 98199 44575 |🌐 talwalkarsfitness.com “ANNEXURE-A” Disclosure of events and information pursuant to Regulation 30 read with Schedule III - Para A(7B) of Part A of the Listing Regulations (as applicable) and SEBI Circular No. SEBI/HO/CFD/CFDPoD- 1/P/CIR/2023/123 dated 13th July 2023 (‘SEBI Circular’) Details of events that need to be provided Information of Event Reason for change viz., appointment, Resignation from the Post of Managing Director with effect resignation, removal, death or otherwise from closure of Working Hours of 18th August 2026. Date of appointment /Cessation (as 18th August 2026 applicable) & term of appointment Brief profile (in case of appointment) NA Relationships between directors (in case of appointment of a director) TALWALKARS BETTER VALUE FITNESS LIMITED CIN: L92411MH2003PLC140134 Registered Office: 1702, 17th Floor, Signature (By Lotus), Off Veera Desai Road Extn., Andheri West, Andheri, Mumbai, Mumbai, Maharashtra, India, 400053 ✉ talwalkarbetter@gmail.com |📞 +91 98199 44575 |🌐 talwalkarsfitness.com “ANNEXURE-B” Disclosure of events and information pursuant to Regulation 30 read with Schedule III - Para A(7B) of Part A of the Listing Regulations (as applicable) and SEBI Circular No. SEBI/HO/CFD/CFDPoD- 1/P/CIR/2023/123 dated 13th July 2023 (‘SEBI Circular’) Information of events Details of events that need to be provided Reason for change viz., appointment, Appointment of Managing Director. resignation, removal, death or otherwise Date of appointment /Cessation (as 19th August, 2026 applicable) & term of appointment 5 Years Term of Appointment Ms. Meena Arvind Bhanushali has been associated with HIFI Digital Advertisement since 2017. During her tenure, she has gained experience in the digital advertising and Brief profile (in case of appointment) business operations domain. She has been actively involved in coordinating business activities, client relationships and supporting the overall operational functions of the organization. Relationships between directors (in case of Spouse of Arvind Pradhan Bhanushali Executive Director appointment of a director) of the Company. Names of listed entities in which the Appointing Director holds directorship (in case of appointment of a director) Ms. Meena Arvind Bhanushali is not debarred from Affirmation pertaining to non-debarment accessing capital markets and / or restrained from from holding the office of Directors by virtue holding the office of director by virtue of any order of of any SEBI order or any other such authority the SEBI or any other such authority. TALWALKARS BETTER VALUE FITNESS LIMITED CIN: L92411MH2003PLC140134 Registered Office: 1702, 17th Floor, Signature (By Lotus), Off Veera Desai Road Extn., Andheri West, Andheri, Mumbai, Mumbai, Maharashtra, India, 400053 ✉ talwalkarbetter@gmail.com |📞 +91 98199 44575 |🌐 talwalkarsfitness.com “ANNEXURE-C” Disclosure of events and information pursuant to Regulation 30 read with Schedule III - Para A(7B) of Part A of the Listing Regulations (as applicable) and SEBI Circular No. SEBI/HO/CFD/CFDPoD- 1/P/CIR/2023/123 dated 13th July 2023 (‘SEBI Circular’) Details of events that need to be provided Information of Event Reason for change viz., appointment, Resignation from the Post of Executive Director w.e.f., resignation, removal, death or otherwise closure of Working Hours of 18th August 2026. Date of appointment /Cessation (as Close of Business hours on August 18, 2026 applicable) & term of appointment Brief profile (in case of appointment) NA Relationships between directors (in case of appointment of a director) Date: 18.08.2026 ThBeo rad ofD irectors TALWALKBAERTST EVRA LUFEI TNSEL ISMTIED CINL:9 2411MH200334P LC1401 170217,t Fhl oSoirg,n a(BtyLu oruste,) OfVfee raD esRaoaid E xtn.A,nh derWie st, AndherMium,b [Showing first 8,000 characters — download PDF for full document]