On Sunday evening, the Shakun Group MD lost his life due to a high-speed BMW car crash on the Delhi-Mumbai highways. His driver lost control of his car while travelling to Mathura. Police found his car completely damaged. Later, his driver immediately rushed him to Pinan Hospital. The doctor declared that the industrialist had died.
Who is Vallabh Maheshwari?
Vallabh Maheshwari was a 62-year-old managing director of Shakun Group, which was founded in the 2000s. He was a Jaipur-based business tycoon who had included 12companies. Also, Maheshwari was a named partner in Shakun Realty LLP and Shakun Fort and Palace LLP.
According to LiveMint, the Shakun Group works throughout the whole value chain of its industry, from setting up the necessary industry building and processing resources to shipping and delivering completed goods to final consumers. Maheshwari, who belongs to Jaipur with an impressive 32 years of experience in corporate governance and company management, was well-known in a variety of commercial domains. SGM Buildcon Private Limited, Shakun Communication Infrastructure Private Limited, Shakun Advertising Private Limited, Manokamna Real Estate Private Limited, and N.S. Publicity India Private Limited was among the companies he worked for as a director and partner that focused on advertising, infrastructure, real estate, and hospitality.
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About the tragic accident
According to police, the driver was at the wheel when the accident occurred. The vehicle lost control, crashed through roadside barricades, fell into the median, and collided with a culvert wall. Maheshwari, who was a passenger, died as a result of these impacts, while the driver was unharmed.
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Both men were taken to a nearby hospital, where Maheshwari was pronounced dead. Preliminary investigations suggest excessive speed or a possible technical issue with the car might have caused the crash. His body was then transported to Jaipur for post-mortem examination.