Ashok Goel Trust has acquired a 46.06% shareholding in Bambrew Plant Fiber Technology Private Limited through a combination of primary and secondary share purchase.
This stake acquisition forms part of Bambrew's ₹90 crore fundraise, which also saw participation from Enrission India Capital.
Trilegal advised Ashok Goel Trust on this transaction. The Firm was involved in negotiating and drafting of all the transaction documents and providing advice to Ashok Goel Trust on all relevant legal aspects in relation to the transaction.
The Trilegal Corporate Team advising on the matter was led by Partner: Delano Furtado; and supported by Counsel: Saumya Kakar and Associates: Rhea Almeida, Pranika Correa, Anoushka Gahilot, and Punit Sanwal.
The Trilegal Tax Team advising on the matter was led by Partner: Komal Dani; and supported by Counsel: Divyam Mittal; and Associate: Himeesha Dhiliwal.
The Trilegal Banking Team advising on the matter was led by Partner: Ameya Khandge; and supported by Senior Associate: Pragya Pugalia; and Associates: Nimrat Dhillon and Aarzoo Gang.
Khaitan & Co advised Bambrew on this transaction. The Firm's role included assistance with preparation, negotiation and finalisation of transaction documents; facilitation of secondary transfers of exiting shareholders of the Company; closing assistance; and other ancillary advise to the Company in relation to the transaction.
The core team consisted of Kartikeya Prakash (Partner), Aman Dwivedi (Partner), Arushi Gupta (Senior Associate), Vidhi Damani (Associate) with assistance from the following:
Tax and structuring aspects: Raghav Kumar Bajaj (Counsel) and Vishal Samnani (Senior Associate).
Bambrew is green packaging startup based in Bengaluru which focuses on harnessing natural materials like bamboo, sugarcane, and seaweed to create biodegradable and reusable products. Bambrew aims to reduce the environmental impact of packaging while delivering high-quality solutions to its customers.
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