Client Speaks

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“It has been an overwhelming experience of working with Brescon over 24 months in which Panacea Biotec’s entire debt with old lender was settled and new investment from new lenders has been brought in successfully.  Dealing with such repeated Titanic moments required extra ordinary wisdom, motivation, network, variety of skills and competency in finding alternate paths which was exhibited by Mr. Gangwal.  Complete process of fund raising demonstrated strategic, tactical and operational excellence of Mr. Nirmal Gangwal in particular and Brescon in general.  I have been fortunate enough to personally experience this extra ordinary feat accomplished by Mr. Gangwal and Brescon team. This has been my career’s best experience so far a kin to coming out of black hole and see rainbow colors.”– Dr. Rajesh Jain, MD & Whole Time Director

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“Thank you for all your guidance leading to an agreement in principal with the SBI Canara, BOI and Federal for OTS for Steelco.
We  have appreciated the approach of Brescon in reaching an agreement for Steelco to restructure and build a profitable organization and continue to support the livelihood of people who have been at Palej.
We have hard work and many challenges together to overcome to realise the full potential of Steelco.”  – Praful Chandaria, Non Executive Director, Steelco Gujarat Limited
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“Heartiest thanks to Mr. Nirmal Gangwal and the Brescons team for concluding a challenging task so successfully. We are indeed grateful to u and look for ur continued support in making Steelco an organisation to look upon.”   -Amish Mehta, Chairman & Non Executive Director, Steelco Gujarat Limited

“Brescon is a rare mix of an advisory firm which is highly result oriented and at the same time routed in common sense. They have a practical approach to meeting the complex financial needs of organisations in India.” – Anil Jain, Vice Chairman & Managing Director, Jain Irrigation Systems

“Exhilarating to work with an organization like yours and see the results unfold.” – Manjula Subramaniam, IAS, Principal Secretary, Gujarat Government

“Has been successful in achieving breakthroughs. I have found them to be reliable.” – Subhash Chandra, Chairman, Zee Group

“Brescon’s ability to deliver the transactions within the stated objective speaks highly of their financial & operational expertise and this was well displayed when we engaged them for co-partnership and debt resolution activity for one of our group companies.” – Dilip Piramal, Chairman, VIP Industries
“Was able to guide GSFC very skillfully through the Corporate Debt Restructuring process and guide it on to the path of success. It added significant value to GSFC.” – A. K. Luke, IAS, MD, Gujarat State Fertilizer Corporation
“Brescon has been advising the Group since 1998 and has been successful in their mandate. I have found them to be sincere and committed.” – Harsh Goenka, Chairman, RPG Group
“The whole approach, that of solution finding is a win-win for all the stakeholders. We at Motilal Oswal Private Equity always look forward to interacting with you and your team.” – Vishal Tulsyan, CEO – Motilal Oswal Private Equity Advisors
“Once agreed, they would go all out to achieve that, all the way.” – Atul Kirloskar, Chairman, Kirloskar Group
“I liked working with Brescon for the freshness of their approach.” – Dilip Jiwrajka, Managing Director, Alok Industries
“Brescon is thorough professional advisors with human touch and focus on deliveries for special situations. They helped the company in settling the dues of lenders successfully.” – Sulajja Firodia Motwani, Managing Director, Kinetic Motor Company
“The manner, the speed and finesse with which the assignment was concluded by the BRESCON team lead by you is admirable! You have created value and a win-win situation for all – the company, the promoters and the investor!” – Ashok Khurana, Managing Director, MSK Projects (India)
“Having seen Brescon’s representation in some of our client cases, we found that they bring in a high level of involvement along with an objective view point in each case.” – Jitender Balakrishna, Deputy Managing Director, IDBI
“Brescon: Architecting for innovation through focussed and objective driven approach.” – Rakesh S Kathotia, Chairman, Shubhkam Group
“Breescon has advised us on our Debt Obligations Realignment Plan and brought out a solution as per our expectation of keeping banking relationship and investors interest in mind, without compromising on the desired results. We highly recommend them for their in depth experience of meeting expectation of diversified group such as investors, management and lenders with their solution driven approach.” -Prakash Bajpai, Managing Director, Tikona Digital Networks
“Brescon took a fresh view of our project. During challenging times they stood by us in our conviction throughout and worked hard.” – K. S. Raju, Chairman, Nagarjuna Oil Corporation
“Determined to come up with a solution..… I like their thoroughness.” – Shashikant Garware, Chairman & Managing Director, Garware Polyester
“One thing which stands above everything is the positive attitude and “never say die” approach exhibited by you and your team during these trying times.” – Harsh Bassi, Managing Director, Pioneer Embroideries
“The team showed extraordinary commitment in navigating the process, Mr Gangwal in particular surpassed my expectation.” – Abhijit Rajan, Chairman & Managing Director, Gammon India
“They have a very professional approach towards the execution of the assignment and are very transparent and objective in their approach. It is a pleasure working with such organization.” – Dinesh Nolkha, Managing Director, Nitin Spinners
“Brescon is an ultimate solution for financial restructuring.” – Gautam Chand Jain, Chairman & Managing Director, Pokarna Engineered Stone