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NIBL Equity Partners, managed by NIMBS Capital, has signed an agreement to invest in Lakshmi Steels Limited. Sachin Tivdewal, Chairman of NIMBS Capital and Bimal Kumar Sawarthia, Director of Lakshmi Steels, signed the agreement during a ceremony on Chait 12.
According to the company, the partnership will further help in accelerating the production capacity and market expansion of Lakshmi Steels. Established in the year 2008 under the Sourav Group, Lakshmi Steels Limited is a manufacturer of TMT Rods, Blades and Ribbed Wires. The company which is operating a modern level industry in Sunwal of Nawalparasi is producing steel.
