The Shah Family
The family of Shantilalbhai Shah are the owners of Gujarat Samachar, a Gujarati Daily newspaper. Lok Prakashan, the publisher of the paper is owned by Shantilalbhai Shah’s sons Bahubali and Shreyans Shah, and the daughter-in-law, Smrutiben Shreyans Shah. The family also owns the Gujarat Samachar TV which launched in 2012. The family also operates businesses in various other sectors including, construction, chemical industry, fishing, trade, and financial services.
Business
Construction
GCCL Constructions and Realities Limited
Gujarat Credit Corporation Limited (GCCL)
Chemical Industry
Shree Bhagwati Buildinfra Private Limited
Lipi Mercantile Limited
Opal Process Supplier Private Limited
Trade and wholesale
Parijat Infrastructure Limited
Zora Traders Limited
Ajab Gajab Investment Private Limited
Ganpati In-Tradex Private Limited
Deephshikha Impex Limited
Financial services
GCCL Housing Finance Limited
Shreyarth Aaspas Limited
Amam Investment Private Limited
Shreyarth Aaspas Limited
Aavikar Publications Private Limited
Social services
Shreyarth Foundation
Shreyans Charitable Foundation
Fishing
Reform Club (Gujarat) Limited
Family & Friends
Affiliated Interests Family Members Friends
Managing Director, Lok Prakashan Limited. Bahubali Shantilal Shah is the son of the Founding-Editor of Gujarat Samachar. He is a Commerce Graduate, and is a Director with many companies including GCCL Constructions and Realities Limited, Gujarat Credit Corporation Limited, Shree Bhagwati Buildinfra Private Limited, Parijat Infrastructure Limited, Zora Traders Limited, GCCL Housing Finance Limited, Ajab Gajab Investment Private Limited, among others.
Chief Editor of Gujarat Samachar, the Gujarati newspaper published by Lok Prakashan Limited. He is the brother of Bahublali Shah and the husband of Smrutiben Shah, Managing Directors of the Company. He is also the Director of other companies including Reform Club (Gujarat) Limited, Lipi Mercantile Limited, Opal Process Supplier Limited, Opal Process Supplier Private Limited, Ganpati In-Tradex Private Limited, Deephshikha Impex Limited, Shreyarth Aaspas Limited, Aavikar Publications Private Limited, among others.
is the wife of the Shreyans Shantilal Shah and the Managing Director at Lok Prakashan Limited. Smrutiben Shah is also the Director in companies like Shreyarth Aaspas Limited, Amam Investment Private Limited, Shreyarth Foundation and Shreyans Charitable Foundation.
Further Information
Meta Data
The data pertaining to the corporate governance and the company was sourced from the Ministry of Corporate website, and the company filings therein. The financial statements of the company are not available online. The company was written to, through email on the 18th March 2019, and courier on the 22nd March 2019, seeking information and clarity about the company. There has been no response from the company.