Please find the Disclosure under Regulation 30 of LODR, 2015
SHEKHAWATI · price
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Shekhawati Industries Limited has acquired additional land in Karjat, Maharashtra, for business expansion. The company, formerly known as Shekhawati Poly-Yarn Limited, plans to develop real estate projects in the area, positioning itself in the rapidly emerging Karjat growth corridor as part of the 'Mumbai 3.0' development vision. The Karjat region is benefiting from improved infrastructure including the upcoming Panvel-Karjat suburban railway corridor and proximity to Navi Mumbai International Airport. The acquisition aligns with the company's long-term vision to develop high-quality, future-ready real estate projects in the Mumbai Metropolitan Region.
This land acquisition signals Shekhawati Industries' strategic diversification beyond its original poly-yarn business into real estate development. For shareholders, this represents a new growth avenue in a high-potential location, though it also introduces execution risk as the company enters a new sector.