Leadership
Meet the visionary behind SSA’s two decades of excellence in NPL advisory.

Advising on NPL portfolio transactions in India

Deep understanding of international investor expectations

Hands-on approach with disciplined execution
Mr. Shailendra Dahakadey is the Founder and Managing Director of Special Situation Advisors (India) Pvt. Ltd., with over 22 years of experience advising on NPL portfolio transactions in India.
He works with banks and financial institutions on the sale, structuring, and execution of corporate, SME, and retail NPL portfolios, bringing together transaction discipline, investor alignment, and deep market expertise.
He has previously worked with Asset Reconstruction Company (India) Ltd. (ARCIL) as part of the Asset Resolution Group from 2006 to 2009, where he managed portfolios across diverse industries and gained extensive exposure to various aspects of ARC operations and distressed debt investment management. Prior to this, he was associated with ICICI Bank Ltd. from 2003 to 2006, where he built strong experience across both corporate and retail banking.
Over his career, he has led and advised on numerous complex NPL transactions, acting as sell-side advisor on mandates involving public and private sector banks, NBFCs, HFCs, ARCS, and distressed debt funds. His deep industry relationships enable him to structure transactions that effectively balance liquidity objectives, regulatory considerations, and value maximization.
Shailendra is a regular speaker at international distressed investing forums, bringing a strong understanding of global capital expectations and investor decision-making.
Euromoney
2014 & 2015
Smith Novak
Panelist
DDC Financial
2019
Known for his hands-on approach, execution discipline, and deep market judgment, Shailendra brings global best practices and investor insight to Indian NPL sale processes. His leadership has positioned SSA as a highly trusted advisor within the distressed debt ecosystem.
SSA’s vision is to be the most trusted partner for lenders in NPL portfolio sales by setting the standard for preparation, discipline, compliance, and outcome-driven execution. The firm seeks to build long-term credibility through consistent delivery, transparent processes, and alignment with institutional governance frameworks.
SSA’s mission is to lead complex NPL portfolio sales with expertise, discipline, and outcome-focused execution. The firm is committed to helping clients achieve timely resolution, value maximisation, and regulatory compliance through structured and execution-centric advisory.
SSA’s advisory ethos is defined by integrity, independence, and execution excellence. The firm adopts a client-centric and solution-driven approach, tailoring each engagement to the specific objectives, constraints, and risk appetite of its clients. Every mandate is approached with a clear understanding of stakeholder priorities, regulatory expectations, and market realities.
We provide objective, conflict-free guidance that is solely aligned with client interests, ensuring unbiased recommendations across all engagements.
Our results-driven methodology emphasizes clear milestones, accountability, and measurable outcomes throughout the transaction lifecycle.
Deep understanding of RBI guidelines, market dynamics, and evolving investor expectations ensures compliant and commercially viable solutions.
Every engagement is tailored to the specific objectives, constraints, and risk appetite of our clients—no one-size-fits-all approaches.