LAKPRE

Lakshmi Precision Screws Ltd, incorporated in 1968 and headquartered in Rohtak, Haryana, manufactures high-tensile precision fasteners. The company supplies these fasteners primarily to the replacement fasteners segment and original equipment segments, serving industries such as automotive, power, and wind energy. It has been involved in supplying critical components to major original equipment manufacturers (OEMs). The company faced severe financial distress which led to its admission into the Corporate Insolvency Resolution Process (CIRP) and eventual liquidation.