Shekhawati Industries Limited — Important, 15-12-2025: Disclosure of material issue
15-12-2025 | 03:05 pm
15-12-2025 | 03:05 pm
Shekhawati Industries' board approved a strategic investment in a new entity, "Shekhawati & Shubhraj Developers LLP." The company will invest up to 50% in this proposed LLP, focused on Real Estate, Construction, and Development. This move aims to boost operational synergy, project execution, and innovation, positively impacting the company's business. The investment, a related party transaction with common directors, is considered at "arm's length" and will be a cash consideration post LLP incorporation. This signals the company's expansion and strengthening in the real estate development sector.
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