In order to have better management and clear focus of its business activities, Talwalkars has proposed to demerge into two companies (likely to happen by Q3FY18) Gym (Pure Gym business) and Lifestyle (Fitness club + Property + Zorba + Reduce + Nuform etc.). The Gym Co. will retain the name as Talwalkars Better Value Fitness Ltd. (TBVFL) while the lifestyle company will be named as Talwalkars Lifestyles Ltd. As a result of demerger, the financial parameters will improve significantly, debt in Company will reduce, result in high double-digit ROCE, more cash on the books, and for other non- gym business will be transferred to the Lifestyle Company, thus improving the Debt Equity ratio of Gym Co....