The board meeting notice of Shekhawati Industries Limited (formerly Shekhawati Poly-Yarn Limited) details key corporate changes finalized on September 15, 2026, including promoter reclassification and leadership transitions.

The board officially approved the reclassification request of Altius Buildcon Private Limited from the promoter group to the public category, as they held 5 shares representing 0.00% of the company. Additionally, the board accepted the resignation of Mr. Ravi Sanjay Jogi as Whole-Time Director effective September 15, 2026, due to personal considerations. In his place, Mr. Shrey Mukesh Ruia was appointed as an Executive Additional Director for a term of five years, bringing global educational perspectives and textile manufacturing experience to support the company’s strategic growth.

Shekhawati Industries Limited operates primarily in the textile manufacturing sector while actively pursuing strategic diversification into high-potential, future-focused sectors such as real estate and renewable energy under its updated management vision. Throughout 2025, the company focused heavily on stabilizing core operational workflows and optimizing resource allocation. Promoter shareholding dynamics evolved constructively during 2025, reflecting long-term commitment from key internal stakeholders to steer the enterprise toward sustainable growth.

During the financial year 2025, the company navigated shifting market demands, posting annual revenues around ₹62.00 Crores. The management’s continuous push towards operational efficiency yielded resilient bottom-line profitability metrics despite macro headwinds. Well-known institutional and promoter entities maintain strategic stakes in the firm to guide its structural turnaround and upcoming diversification initiatives.