Naksh Precious Metals Limited, originally Vaksons Automobiles Limited, transitioned from an automotive dealership to a diversified business entity in 2023. Initially incorporated in 2003 as a dealer for Bajaj Tempo, the company established dealerships with Force Motors Ltd., operating showrooms in Haryana's Sonepat, Panipat, and Gohana. The company also runs a service center in Sonepat, providing a comprehensive range of automotive services and spare parts trading.
In a strategic shift, Naksh Precious Metals Limited expanded its business scope in 2022-23 to include the trading of metals, including precious metals like gold and silver, and gemstones. This pivot aligns with the incorporation of Vaksons Metaplast Private Limited, focusing on trading auto parts and various polymers and metals. The company’s public listing in 2015 raised significant capital, facilitating its diversification efforts. As it evolves, Naksh Precious Metals Limited aims to capture value across the automotive and precious metals sector.