With a long and respected history, Desai & Diwanji is credited for being highly skilled across the spectrum of its full-service offering. Its particular strong suits are project finance and energy work, both of which are internationally recognised, and it is historically well thought of for its M&A work, handling a market-leading volume of deals in recent years.
Vishwang Desai is the firm’s “go-to” lawyer for project finance and is also considered a “leading light” in energy matters, earning recognition in both disciplines in Who’s Who Legal.
In the past Desai & Diwanji has advised Ashok Piramal Group in a three-way road-building joint venture with Canadian engineering group SNC-Lavalin and the India Infrastructure Fund. The venture was worth between $250 million and $300 million. In the project finance sphere, it was local counsel to a Singapore-incorporated company building a floating production storage and offloading vessel for use in oil fields off the Mumbai coast in a $276 million project financing led by the Bank of India Singapore. Tata Capital Healthcare Fund, ticketing site BookMyShow and water purification products company Eureka Forbes are past clients, as is Interglobe Hotels, which the firm advised on its multimillion-dollar purchase of the issued share capital of steelmaker Isha Steel Treatment in October.