Restructuring (demerger) process at a fag end The Company management is currently executing restructuring process wherein current organization is likely to be divided into two entities i.e. Gym (Pure Gym business) and Lifestyle (Fitness club + Property + Zorba + Reduce + Nuform etc.). Post restructuring, both entities are likely to be listed. The Shareholders of the Company has approved the scheme with the requisite majority and the final approval by the NCLT is awaited. The Company has already received the approval from the stock exchanges and SEBI to the Scheme of Arrangement. Post the NCLT approval, the management expects the process of...