Lakshmi Precision Screws has restarted the manufacturing operations of Plant -1 from August 14, 2018. The company was undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC) vide order dated July 18, 2018, passed by the National Company Law Tribunal (NCLT), Chandigarh Bench.
Lakshmi Precision Screws in the business of manufacture of high tensile fasteners. The company is a manufacturer of automotive and engineering components. Its main products are Machine screws, bolts, nuts etc.
