Shekhawati Industries Limited (formerly known as Shekhawati Poly-Yarn Limited) has announced significant corporate developments following its recent board meeting. The company's Board of Directors convened on October 18, 2025, at its registered office in Mumbai to discuss and approve several key matters.

Financial Results Approval

The board has given its approval to the unaudited financial results for the quarter ended September 30, 2025. These results were accompanied by a Limited Review Report, ensuring compliance with regulatory standards.

Committee Reconstitutions

In a move to strengthen its corporate governance structure, Shekhawati Industries has reconstituted two of its key committees:

Audit Committee

The newly formed Audit Committee comprises four members:

Stakeholder Relationship Committee

The Stakeholder Relationship Committee has been reconstituted with the same members as the Audit Committee:

Meeting Details

The board meeting commenced at 11:00 AM and concluded at 2:45 PM. It was held at the company's registered office located at Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Off Western Express Highway, Malad (East), Mumbai – 400097.

These developments were disclosed in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about these outcomes.

Investors and stakeholders can expect more detailed information once the financial results are made public. These corporate actions reflect Shekhawati Industries' commitment to maintaining robust governance practices and transparency in its operations.

Shekhawati Industries Limited (SIL), a prominent player in the real estate sector, has made a strategic move to bolster its premium luxury villa project in Khandala, Maharashtra. The company announced that it has acquired an additional land parcel to expand its existing development.

Expansion Strategy

The acquisition, disclosed in a regulatory filing to the BSE and NSE, is set to enhance the scale of SIL's premium villa project while maintaining the exclusivity and quality standards that have become synonymous with Shekhawati Villas. This move underscores the company's commitment to growth and its confidence in the luxury real estate market.

Project Details

While specific details about the size of the land parcel and the investment involved were not disclosed, the expansion is expected to significantly increase the footprint of Shekhawati's luxury villa project in Khandala. The picturesque location of Khandala, a hill station in the Western Ghats of Maharashtra, adds to the appeal of the premium development.

Management's Perspective

Meena Ashish Agal, CFO, Company Secretary & Compliance Officer of Shekhawati Industries Limited, signed off on the regulatory filing, emphasizing the company's adherence to transparency and compliance with SEBI regulations. The disclosure aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market Implications

This expansion move by Shekhawati Industries Limited could potentially strengthen its position in the luxury real estate market. The decision to acquire additional land in a prime location like Khandala suggests the company's optimistic outlook on the demand for premium villas and its long-term growth strategy.

As the real estate sector continues to evolve, Shekhawati's focus on expanding its premium offerings may set a benchmark for luxury developments in the region. Investors and industry observers will likely keep a close watch on the progress of this expanded project and its impact on the company's future performance.

Shekhawati Industries Limited, formerly known as Shekhawati Poly-Yarn Limited, continues to diversify its portfolio in the real estate sector, with this latest land acquisition marking another significant step in its growth trajectory.