Who was Vallabh Maheshwari, Shakun Group MD killed in accident
What's the story
Vallabh Maheshwari, the Managing Director of Shakun Group and a prominent industrialist from Rajasthan, died in a tragic accident on Sunday. The 62-year-old was traveling from Jaipur to Mathura when his BMW lost control and overturned on the Delhi-Mumbai Expressway near Alwar, Rajasthan, at 4pm, The Economic Times reported. The car broke through the roadside barricades before hitting a culvert wall.
Accident details
Driver was behind the wheel
The police reported that Maheshwari's driver was behind the wheel when the accident occurred. The vehicle lost control and crashed into a culvert wall, causing severe damage. Both Maheshwari and his driver were rushed to Pinan Hospital but later referred to Harish Hospital in Alwar. Unfortunately, doctors pronounced Maheshwari dead on arrival. Remarkably, the driver was almost unhurt, according to Livemint.
Investigation underway
Investigation underway
The police are investigating the accident, with initial reports suggesting that speeding or a technical fault in the vehicle could have caused it. Maheshwari's body has been sent to Jaipur for a post-mortem examination. The findings of this autopsy are likely to shed more light on what exactly led to the fatal crash.
Business impact
Maheshwari's illustrious career
Maheshwari had over 32 years of experience in corporate governance and business management. He had held several director and designated partner positions in various companies across sectors such as advertising, infrastructure, real estate, and hospitality. At the time of his death, he was associated with 12 companies, including SGM Buildcon Private Limited and Shakun Advertising Private Limited, among others.
Company profile
What is Shakun Group?
Maheshwari was a director at different branches of the Shakun Group, an industrial conglomerate based in Jaipur and established in the early 2000s. The group works across its sector's entire value chain, from building necessary industry infrastructure to transporting and delivering finished products to end-users. His work mainly revolved around business operations, corporate management, and strategic expansion of multiple ventures across sectors.