Jaipur-based industrialist Vallabh Maheshwari, managing director of Shakun Group, died after the BMW he was travelling in lost control and crashed on the Delhi–Mumbai Expressway near Alwar while he was on a trip from Jaipur to Mathura
A tragic road accident on the Delhi–Mumbai Expressway has claimed the life of Jaipur-based industrialist Vallabh Maheshwari, managing director of the Shakun Group, after the BMW he was travelling in lost control and overturned near Alwar in Rajasthan on Sunday.
Maheshwari, 62, was travelling from Jaipur to Mathura on a religious trip when the accident took place around 4 pm in the Raini police station area. Police said the luxury vehicle, driven by his driver, lost control on the expressway before smashing through roadside barricades.
The car then crossed the median and rammed into the wall of a culvert, leaving the vehicle severely damaged.
Crash leaves vehicle mangled
Authorities said the impact of the crash was extremely severe, with the BMW left mangled beyond recognition.
Maheshwari and the driver were rushed to nearby Pinan Hospital and later referred to Harish Hospital in Alwar. Doctors declared the industrialist dead, while the driver survived the crash and is said to be out of danger.
Police said preliminary investigations suggest the accident may have been caused by excessive speed or a possible mechanical failure, though the exact cause will be determined after a detailed probe.
Maheshwari’s body has been sent to Jaipur for post-mortem examination.
Who was Vallabh Maheshwari?
Maheshwari was a well-known figure in Rajasthan’s business circles and headed the Shakun Group, a Jaipur-based conglomerate with interests spanning infrastructure, real estate, advertising and hospitality.
With more than three decades of experience in business management and corporate governance, he played a central role in expanding the group’s operations across multiple sectors.
Corporate records show Maheshwari was associated with several companies, including 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.
He was also linked to organisations such as Roop Shakun Foundation, Shakun Buildhome Private Limited and Shakun Hotels and Resorts Private Limited, besides serving as a designated partner in Shakun Fort and Palace LLP and Shakun Realty LLP.
Condolences pour in
Former Rajasthan chief minister Ashok Gehlot was among the first prominent leaders to express grief over the industrialist’s death.
In a message posted on social media, Gehlot said the news of Maheshwari’s demise in the road accident in Alwar was “extremely heartbreaking” and prayed for peace to the departed soul and strength for the bereaved family.
Maheshwari is survived by his family. Police said further details about the crash are expected once the post-mortem report is released and the investigation into the accident is completed.
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