Shekhawati Industries Board Approves Strategic Real Estate Investment
Shekhawati Industries Limited, a prominent player in the textile and industrial sectors, 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 reflects the company's commitment to transparency and adherence to financial reporting norms.
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 have been reformed with the following members:
Audit Committee - Chairman : Mr. Sushil Kumar Poddar - Members : Mr. Mukesh Ramniranjan Ruia, Mr. Nirmal Bagri, Mrs. Shweta Mundra
Stakeholder Relationship Committee - Chairman : Mr. Sushil Kumar Poddar - Members : Mr. Mukesh Ramniranjan Ruia, Mr. Nirmal Bagri, Mrs. Shweta Mundra
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.
In addition to these governance and financial updates, the board has also approved a strategic investment in a real estate development partnership. This move is aimed at diversifying the company's portfolio and exploring new avenues for growth. The investment, classified as a related party transaction conducted at arm’s length, is expected to bring significant returns and enhance the company's market presence.
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. The company's strategic decisions are geared towards sustainable growth and value creation for all stakeholders.
Historical stock returns for Shekhawati Industries provide a glimpse into the company's performance over various periods: - 1 Day : -2.50% - 5 Days : -6.87% - 1 Month : +2.74% - 6 Months : -17.18% - 1 Year : -32.81% - 5 Years : +2,196.47%
These figures highlight the company's resilience and potential for long-term growth, despite short-term fluctuations.