Renowned Jaipur-based industrialist and businessman Vallabh Maheshwari died on Sunday in a tragic road accident on the Alwar stretch of the Delhi-Mumbai Expressway.
Maheshwari, 62, was the managing director of Shakun Group and was traveling from Jaipur to Mathura.
The accident occurred after the car lost control, hit roadside barriers, and hit a sewer wall before overturning in a fatal accident. PTI reported that the accident occurred on the highway under Raini Police Station area.
The force of the collision mangled Maheshwari’s BMW beyond recognition.
The two persons, Maheshwari and his driver, were taken to a local hospital. After initial treatment, Maheshwari was shifted to another hospital in Alwar, where doctors declared him brought dead.
The driver suffered minor injuries.
Read also | Jaipur-based Shakun Group MD Vallabh Maheshwari died in a BMW crash on the Delhi-Mumbai Expressway.
Who is Vallabh Maheshwari?
Vallabh Maheshwari was the director of multiple branches of Shakun Group – a Jaipur-based industrial conglomerate founded in the early 2000s, which was also associated with 12 companies at the time of his death.
Apart from this, Maheshwari has served as appointed partner at Shakun Fort and Palace LLP and Shakun Realty LLP.
Shakun Group operates across the entire value chain of its sector, from setting up relevant industrial infrastructure and processing resources to transporting and delivering finished products to end-users, LiveMint said.
Hailing from Jaipur, Maheshwari has a vast experience of 32 years in business management and corporate governance and has a solid reputation across multiple business sectors.
He has worked as a partner and director in several advertising, infrastructure, real estate and hospitality companies, including SGM Buildcon Private Limited, Shakun Communication Infrastructure Private Limited, Shakun Advertising Private Limited, Manokamna Real Estate Private Limited and NS Publicity India Private Limited.
His experience focused on business operations, corporate management, and strategic expansion of multiple projects across sectors.
He had previously worked at Sarvottam Buildhome Private Limited, according to a LiveMint report.
He also contributed to various sectors of the Chacon Group such as the Roop Chacon Foundation, Chacon Buildhome Pvt Ltd, and Chacon Hotels & Resorts Pvt Ltd.
