Planetfirst Green Private Limited has sold 40% shareholding in the Company to POCL Enterprises Limited for ₹19 crore.
VERTICES PARTNERS represented PlanetFirst on this transaction.
The transaction was led by Amit Manubarwala (Senior Partner), along with a team that included Vishal Mehta (Partner) and Nisha Dharod (Associate Manager).
Founder and Managing Partner Vinayak Burman provided strategic inputs.
AK Law Chambers represented POCL Enterprises on this shareholding acquisition.
The transaction was led by Partner Goda Raghavan.
PlanetFirst is an Indian subsidiary of GDB International Inc. The Company is a waste management social enterprise that uses smart waste collection mechanisms and world-class recycling machinery to reintroduce recycled waste into the supply chain thus contributing to building a robust circular economy for the Indian subcontinent.
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