augurated 20 gyms together on 8th November, 2016 in Bengaluru which has received an encouraging response. The new gyms received ~ 2,800 memberships despite of Demonetisation. o The Company has witnessed increase in Cashless transactions since Demonetisation o The Company has received good response to the rental negotiations in the current quarter resulting in reduction in rent in the coming quarters. Restructuring (demerger) process at a fag end The management is currently executing restructuring process wherein current organization is likely to be divided into...