InvestorQ : Why talwaar fitness is falling?
kamal shah made post

Why talwaar fitness is falling?

Answer
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Mitali Bhutta answered.
1 year ago


Talwalkar Fitness is into health and fitness solutions and has branches and a network spread across geographies.  The stock has been falling since the demerger was announced. The scheme of demerger was like this. According to the scheme of the arrangement, TBVFL would be the demerged company and TLL (of gym business) the resulting company.

To retain the brand value of TBVFL synonymous with gym, the name will be swapped in such a way that the gym company, i.e. resultant company, will regain the name of TBVFL, and the lifestyle company will be named TLL. Shareholders of TBVFL will get an equal number of shares in TLL, i.e., in the ratio of 1:1. The stock has fallen in tune with all the small-cap and mid-cap stocks and there are also concerns over the financial robustness of the company.