Managing Director (MD) of Shakun Group Vallabh Maheshwari died after his BMW car lost control and overturned on the Delhi-Mumbai expressway near Rajasthan's Alwar on Sunday.
According to the police, Maheshwari's driver was behind the wheels and was taking him from Jaipur to Mathura when the accident occurred. The driver allegedly lost control of the car, broke through barricades, and crashed into the median before hitting the wall of a culvert.
The impact of the accident was such that it left the car completely mangled. Both Maheshwari and his driver were rushed to a nearby hospital, where doctors declared him dead. His driver, however, escaped unhurt. Maheshwari's body has been sent for post-mortem to Jaipur.
Police have launched an investigation to probe if a technical fault or the car's speed led to the accident.
Following the death of the 62-year-old Jaipur-based businessman, former Rajasthan Chief Minister Ashok Gehlot expressed grief over his death.
"The news of the demise of industrialist Vallabh Maheshwari in a tragic road accident that occurred on the expressway in the Reni police station area of Alwar is extremely heartbreaking. I pray to God to grant peace to the departed soul and strength to the bereaved family to bear this sorrow. Om Shanti," Gehlot wrote in a post on X.
A veteran businessman, Maheshwari served as a director in several branches of the Shakun Group, known for running multiple companies across infrastructure, advertising, logistics, and hospitality sectors. The group, founded in early 2000, works on setting up the relevant industry, and then the processing of the resource. They also transport and deliver the final product to end-users.
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