Shekhawati Industries Approves Strategic Real Estate Development Partnership

Shekhawati Industries Limited (formerly known as Shekhawati Poly-Yarn Limited) has announced significant corporate developments following its recent board meeting. The company's Board of Directors convened on October 18, 2025, at its registered office in Mumbai to discuss and approve several key matters.

The board has given its approval to the unaudited financial results for the quarter ended September 30, 2025. These results were accompanied by a Limited Review Report, ensuring compliance with regulatory standards. This approval is a crucial step in maintaining transparency and accountability with stakeholders.

In a move to strengthen its corporate governance structure, Shekhawati Industries has reconstituted two of its key committees: the Audit Committee and the Stakeholder Relationship Committee. Both committees are now chaired by Mr. Sushil Kumar Poddar.

The newly formed Audit Committee comprises four members: Mr. Sushil Kumar Poddar as Chairman, Mr. Mukesh Ramniranjan Ruia, Mr. Nirmal Bagri, and Mrs. Shweta Mundra as members. The Stakeholder Relationship Committee has the same members, with Mr. Sushil Kumar Poddar serving as the Chairman.

The board meeting commenced at 11:00 AM and concluded at 2:45 PM. It was held at the company's registered office located at Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Off Western Express Highway, Malad (East), Mumbai – 400097.

These developments were disclosed in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about these outcomes.

Investors and stakeholders can expect more detailed information once the financial results are made public. These corporate actions reflect Shekhawati Industries' commitment to maintaining robust governance practices and transparency in its operations.

Shekhawati Industries Limited, a leading player in the textile and manufacturing sectors, is now venturing into real estate and construction development. The proposed LLP will specialize in planning, design, and execution of high-quality projects. This strategic move is expected to diversify the company's portfolio and open new avenues for growth and revenue.

The company's historical stock returns provide an interesting perspective on its performance over various periods. In the last 1 day, the stock has seen a decline of 2.50%, while over 5 days, it has dropped by 6.87%. However, in the past month, the stock has shown a positive return of 2.74%. Over 6 months, the stock has experienced a decline of 17.18%, and over 1 year, it has dropped by 32.81%. Notably, over the past 5 years, the stock has seen a substantial increase of 2,196.47%.

These financial metrics highlight the volatility and potential of Shekhawati Industries in the market. The new real estate development partnership is seen as a strategic move to stabilize and grow the company's presence in a diverse range of sectors.

Shekhawati Industries' commitment to corporate governance and transparency is evident from the reconstitution of key committees and the timely disclosure of financial results. The company's strategic decisions are aimed at ensuring long-term growth and value creation for its stakeholders.