Argus Partners advises Polygenta Technologies Limited on the investments in it by DEG and IFU
We acted as the legal advisors to Polygenta Technologies Limited (a leading PET recycling company engaged in sustainable circular economy) (“Polygenta”), on Indian law aspects on the external commercial borrowing raised from DEG – German Investment and Development Company mbH and Danish development financier IFU. The investments from the development finance providers are proposed to be utilised for the construction of two new production lines in Nashik, Maharashtra and thus, permit Polygenta to further increase its recycling capacity.
The Argus Team consisted of Aastha, Adity Chaudhury, Nidhi Arya (Partners), Swaraj Narula (Senior Associate) and Aditi Kashyap, Vansh Aggarwal (Associates).
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