Burgeon Law, Desai & Diwanji act on Swach Environment exit from Nangloi Water Services

Swach Environment Private Limited has exited from Nangloi Water Services Private Limited by selling its entire stake to Veolia India Private Limited.

Burgeon Law advised Swach Environment in the composite transaction which facilitated its exit from Nangloi Water Services and on completing a one-time settlement with the lenders of Nangloi, being Bank of India and SREI Equipment Finance Limited.

The transaction team consisted of Ketan Mukhija (Senior Partner), Khushboo Jha (Principal Associate) and Shorya Singhal (Associate).

Desai & Diwanji advised Nangloi Water Services on this transaction.

Swach Environment Private Limited, India's one of the leading water treatment plant and a leading environmental infrastructure and services company, provides comprehensive solutions for water, wastewater, and solid waste management.

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