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Nithia Capital Acquires Topworth Urja for ₹3 Billion, Expands Long Steel Portfolio

Nithia Capital Acquires Topworth Urja for ₹3 Billion, Expands Long Steel Portfolio

Urja acquisition builds on Nithia’s earlier investments in Evonith Metallics Ltd and Evonith Value Steel Ltd, and follows the successful turnaround and exit from Crest Steel and Power Ltd, which was sold to Amalgam Steel. Nithia Capital and its investment holding arm Evonith Holdings have completed the acquisition of Topworth Urja & Metals for ₹3...