Nalwa Sons Investments Limited, originally incorporated as Jindal Strips Limited on November 18, 1970, is a registered Non-Banking Financial Company (NBFC) under the Reserve Bank of India (RBI) guidelines. The company primarily invests in shares and grants loans to group companies, earning dividends and interest. Initially a manufacturer of stainless steel and related products, the company underwent significant restructuring and demerger, with its manufacturing division now under Jindal Stainless Limited since April 2002.
Nalwa Sons has several subsidiaries, including Jindal Steel & Alloys Ltd., Jindal Holdings Ltd., and Brahmaputra Capital & Financial Services Ltd. It has also ventured into the IT sector through Cross-Border IT (India). The company has shifted its focus from manufacturing to investment activities, reflecting a strategic transformation from its origins in the iron and steel industry.
