Fairfax India Holdings Corporation (T:FIH.U)

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Apr 11, 2024 05:09 pm ET

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (the “Company”) (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 10, 2024 Annual Shareholders’ Meeting. Each of the nominee directors listed in the Company’s management proxy...

Apr 02, 2024 05:05 pm ET

Fairfax India Announces Hybrid Annual Shareholders’ Meeting Details

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces additional details regarding its upcoming hybrid annual shareholders’ meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be...

Feb 15, 2024 05:10 pm ET

Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2023

Fairfax India Holdings Corporation (TSX: FIH.U) announces fiscal year 2023 net earnings of $371.8 million ($2.72 net earnings per diluted share), compared to 2022 net earnings of $191.4 million ($1.34 net earnings per diluted share). The company's...

Dec 15, 2023 05:02 pm ET

Fairfax India Announces Election by Fairfax Financial Holdings Limited to Receive Payment of Performance Fee in Cash

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that pursuant to the terms of the Investment Advisory Agreement (as defined below), Fairfax Financial Holdings Limited (“Fairfax”) has elected to receive...

Dec 12, 2023 05:02 pm ET

Fairfax India Completes Acquisition of an Additional 7% Interest in Bangalore International Airport Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its acquisition of an additional equity interest in Bangalore International Airport Limited (“BIAL”) from...

Nov 02, 2023 05:08 pm ET

Fairfax India Holdings Corporation: Third Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $133.0 million in the third quarter of 2023 ($0.93 net earnings per diluted share), compared to net earnings of $112.6 million in the third quarter of 2022 ($0.79 net...

Oct 03, 2023 05:02 pm ET

Fairfax India Extends $175 Million Revolving Credit Facility

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has amended its existing credit agreement with a syndicate of lenders to extend the maturity date of its $175 million unsecured revolving credit facility from...

Sep 28, 2023 07:55 am ET

Fairfax India Announces Intention to Make a Normal Course Issuer Bid

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting...

Aug 03, 2023 05:04 pm ET

Fairfax India Holdings Corporation: Second Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $159.3 million in the second quarter of 2023 ($1.12 net earnings per diluted share), compared to a net loss of $69.7 million in the second quarter of 2022 ($0.50 net loss per...

Jun 21, 2023 05:02 pm ET

Fairfax India Completes Acquisition of an Additional 3% Interest in Bangalore International Airport Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has completed the acquisition of an additional 3% equity interest in Bangalore International Airport Limited...

May 11, 2023 05:16 pm ET

Fairfax India Appoints the Honourable Jason Kenney to Its Board of Directors

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has appointed the Honourable Jason Kenney as an independent director. Mr. Kenney recently completed 25 years in public service, both at the...

May 11, 2023 05:09 pm ET

Fairfax India Holdings Corporation: First Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $55.5 million in the first quarter of 2023 ($0.40 net loss per diluted share), compared to net earnings of $56.0 million in the first quarter of 2022 ($0.38 net earnings per...

May 09, 2023 05:02 pm ET

Fairfax India to Acquire Additional Interest in Bangalore International Airport Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has entered into an agreement to acquire an additional 3% equity interest in Bangalore International Airport...

Apr 21, 2023 06:02 pm ET

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (the “Company”) (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 20, 2023 Annual Shareholders’ Meeting. Each of the nominee directors listed in the Company’s management proxy...

Apr 12, 2023 05:19 pm ET

Fairfax India Announces Hybrid Annual Shareholders’ Meeting Details

Feb 16, 2023 05:06 pm ET

Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2022

(Note: All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from financial statements prepared using the recognition and measurement requirements of International...

Feb 06, 2023 05:02 pm ET

Fairfax India Appoints R. William McFarland to Its Board of Directors

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has appointed Mr. R. William (Bill) McFarland as an independent director. Mr. McFarland spent most of his career at PricewaterhouseCoopers (PwC)...

Jan 17, 2023 05:02 pm ET

Fairfax India Announces the Passing of Board Member Alan Horn

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) regrettably announces the passing of Alan Horn, who served as an Independent Board Member on the Company’s Board of Directors and Chair of the Audit Committee. Alan...

Nov 22, 2022 05:02 pm ET

Fairfax India Completes Sale of Equity Interest in IIFL Wealth Management Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd. has completed its previously announced sale of 9.8% equity interest in IIFL Wealth...

Nov 03, 2022 05:08 pm ET

Fairfax India Holdings Corporation: Third Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $112.6 million in the third quarter of 2022 ($0.79 net earnings per diluted share), compared to net earnings of $131.9 million in the third quarter of 2021 ($0.85 net...

Oct 27, 2022 05:01 pm ET

Fairfax India Responds to Market Speculation

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) reaffirms that while its general practice is not to comment on market speculation, the Company confirms that contrary to some recent media reports, the Company is a...

Oct 03, 2022 07:45 am ET

Fairfax India Appoints Sharmila Karve to Its Board of Directors

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has appointed Ms. Sharmila Karve as an independent director. Ms. Karve spent most of her career at PricewaterhouseCoopers (PwC) in India and was...

Sep 28, 2022 07:50 am ET

Fairfax India Announces Intention to Make a Normal Course Issuer Bid

Sep 06, 2022 07:45 am ET

Fairfax India Completes Second Closing of Its Investment in Maxop Engineering Company Private Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its investment in Maxop Engineering Company Private Limited (“Maxop”). In connection with the second closing,...

Jul 28, 2022 05:13 pm ET

Fairfax India Holdings Corporation: Second Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $69.6 million in the second quarter of 2022 ($0.50 net loss per diluted share), compared to net earnings of $224.9 million in the second quarter of 2021 ($1.43 net earnings per...

Apr 28, 2022 05:05 pm ET

Fairfax India Holdings Corporation: First Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $55.8 million in the first quarter of 2022 ($0.38 net earnings per diluted share), compared to net earnings of $255.4 million in the first quarter of 2021 ($1.66 net earnings...

Apr 22, 2022 05:46 pm ET

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (the “Company”) (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 21, 2022 Annual Shareholders’ Meeting. Each of the nominee directors listed in the Company’s management proxy...

Apr 18, 2022 07:50 am ET

Fairfax India Announces Hybrid Annual Shareholders’ Meeting Details

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces additional details regarding its upcoming annual shareholders’ meeting. The hybrid meeting will be held both in-person and virtually, as originally announced, on April 21,...

Apr 01, 2022 05:02 pm ET

Fairfax India Renews Universal Shelf Prospectus

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) has filed a short form base shelf prospectus with the Canadian securities regulatory authorities in connection with Fairfax India’s universal shelf renewal. The shelf prospectus...

Mar 31, 2022 07:50 am ET

Fairfax India Announces Sale of Equity Interest in IIFL Wealth Management Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd., has entered into an agreement to sell 9.8% of its shareholding in IIFL Wealth Management...

Mar 25, 2022 07:50 am ET

Fairfax India Holdings Corporation: Annual Shareholders’ Meeting Update

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it will be hosting its annual shareholders’ meeting both in-person and virtually, as originally announced, on Thursday, April 21, 2022. Our...

Feb 16, 2022 07:45 am ET

Fairfax Announces Acquisition of Additional Fairfax India Shares

Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) announces that it has acquired, through its subsidiaries, an aggregate of 5,416,000 subordinate voting shares (the “Subordinate Voting Shares”) of Fairfax India Holdings...

Feb 11, 2022 05:02 pm ET

Fairfax India Completes Investment in Jaynix Engineering Private Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has completed its investment of INR 2.45 billion (approximately $33 million at current exchange rates) for a...

Feb 10, 2022 05:09 pm ET

Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2021

Fairfax India Holdings Corporation (TSX: FIH.U) announces fiscal year 2021 net earnings of $494.5 million ($3.22 net earnings per diluted share), compared to fiscal year 2020 net loss of $41.5 million ($0.27 net loss per diluted share), reflecting...

Jan 26, 2022 05:05 pm ET

Fairfax India Holdings Corporation: Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its annual shareholders’ meeting will be held on Thursday, April 21. At this time, Fairfax India is planning for an in-person meeting which will also...

Jan 26, 2022 07:45 am ET

Fairfax India to Acquire 70% of Jaynix Engineering Private Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has entered into an agreement to invest INR 2.45 billion (approximately $33 million at current exchange...

Dec 17, 2021 05:09 pm ET

Fairfax India Completes $175 Million Revolving Credit Facility

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has completed a $175 million unsecured revolving credit facility (“Revolving Credit Facility”) with a syndicate of lenders. The Revolving Credit Facility has a...

Nov 30, 2021 05:02 pm ET

Fairfax India Completes Initial Closing of Its Investment in Maxop Engineering Company Private Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the initial closing of its investment in Maxop Engineering Company Private Limited (“Maxop”). In connection with the initial...

Nov 04, 2021 05:05 pm ET

Fairfax India Holdings Corporation: Third Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $131.9 million in the third quarter of 2021 ($0.85 net earnings per diluted share), compared to net earnings of $77.7 million in the third quarter of 2020 ($0.52 net earnings...

Sep 28, 2021 07:55 am ET

Fairfax India Announces Intention to Make a Normal Course Issuer Bid

Sep 20, 2021 05:02 pm ET

Fairfax India Holdings Corporation: Executive Announcement

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) is pleased to announce that Gopalakrishnan (Gopal) Soundarajan has been appointed Chief Operating Officer of Fairfax India. Gopal joined Fairfax Financial Holdings Limited...

Sep 16, 2021 07:50 am ET

Fairfax India Announces Investment in Maxop Engineering Company Private Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has entered into an agreement to invest, in aggregate, up to INR 4.88 billion (approximately $66 million at current exchange rates) for a 67%...

Sep 16, 2021 07:45 am ET

Fairfax India Completes Sale of Minority Position of Anchorage Infrastructure

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed its previously announced sale of approximately 11.5% (on a fully-diluted basis) of its interest in Anchorage Infrastructure...

Sep 07, 2021 05:27 pm ET

Fairfax India Receives All Regulatory Approvals to Complete Sale of Minority Position of Anchorage Infrastructure

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has received all regulatory approvals required to complete the previously announced transaction to sell approximately 11.5% (on a fully-diluted...

Aug 11, 2021 07:50 am ET

Fairfax India Announces Completion of Substantial Issuer Bid

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces today the completion of its substantial issuer bid initially announced on June 15, 2021 (the “Offer”). Fairfax India has taken up and paid for 7,046,979...

Aug 09, 2021 07:50 am ET

Fairfax India Announces Preliminary Results of Substantial Issuer Bid

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announced today the preliminary results of its substantial issuer bid initially announced on June 15, 2021 (the “Offer”), pursuant to which the Company offered to...

Aug 05, 2021 07:50 am ET

Fairfax India Announces Filing of Prospectus by Chemplast Sanmar Limited

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that Chemplast Sanmar Limited (“CSL”), a subsidiary of Sanmar Chemicals Group (“Sanmar”) has filed a red herring prospectus with the Registrar of Companies...

Jul 29, 2021 05:05 pm ET

Fairfax India Holdings Corporation: Second Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $224.9 million in the second quarter of 2021 ($1.43 net earnings per diluted share), compared to net earnings of $52.4 million in the second quarter of 2020 ($0.35 net...

Jun 15, 2021 05:42 pm ET

Fairfax India Announces US$105 Million Substantial Issuer Bid

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its Board of Directors has authorized, and the Company has formally commenced, a substantial issuer bid (the “Offer”), pursuant to which the Company...

May 03, 2021 07:55 am ET

Fairfax India Announces Filing of Prospectus by Chemplast Sanmar Limited

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that Chemplast Sanmar Limited (“CSL”), a subsidiary of Sanmar Chemicals Group (“Sanmar”), has filed a draft red herring prospectus with the Securities and Exchange Board of...

Apr 29, 2021 05:10 pm ET

Fairfax India Holdings Corporation: First Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $255.4 million in the first quarter of 2021 ($1.66 net earnings per diluted share), compared to a net loss of $253.8 million in the first quarter of 2020 ($1.67 net loss per...

Apr 22, 2021 11:05 am ET

IIROC Trade Resumption - FIH.U

TORONTO, April 22, 2021 /CNW/ - Trading resumes in:

Apr 22, 2021 11:03 am ET

IIROC Trading Halt - FIH.U

TORONTO, April 22, 2021 /CNW/ - The following issues have been halted by IIROC:

Apr 22, 2021 10:36 am ET

Fairfax India Announces Sale of its Equity Interest in Privi Speciality Chemicals Limited

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has entered into an agreement to sell its 48.8% shareholding in Privi Speciality Chemicals Limited (“Privi”) to certain entities affiliated with Mahesh P Babani...

Apr 16, 2021 05:58 pm ET

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 15, 2021 annual shareholders’ meeting. Each of the nominee directors listed in the Corporation’s management proxy circular...

Apr 05, 2021 07:57 am ET

Fairfax India Announces Virtual Annual Meeting Details

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that, due to the COVID-19 pandemic, its April 15 annual meeting will be held virtually, commencing at 2:00 p.m. Eastern Time, with a video webcast of the formal annual...

Feb 26, 2021 05:19 pm ET

Fairfax India Completes US$500 Million Senior Notes Offering

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) has completed its previously announced offering of US$500 million in aggregate principal amount of 5.000% Senior Notes due 2028 (the “Notes”). Fairfax India intends...

Feb 24, 2021 07:19 pm ET

Fairfax India Announces Pricing of Senior Notes Offering

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has priced a private offering of US$500,000,000 of...

Feb 16, 2021 07:45 am ET

Fairfax India Announces Filing of Prospectus by Seven Islands Shipping Limited

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that Seven Islands Shipping Limited (“Seven Islands”) has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) in...

Feb 11, 2021 05:04 pm ET

Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2020

Fairfax India Holdings Corporation (TSX: FIH.U) announces fiscal year 2020 net loss of $41.5 million ($0.27 net loss per diluted share), compared to fiscal year 2019 net earnings of $516.3 million ($3.30 net earnings per diluted share), reflecting...

Oct 29, 2020 05:04 pm ET

Fairfax India Holdings Corporation: Third Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $77.7 million in the third quarter of 2020 ($0.52 net earnings per diluted share), compared to net earnings of $89.2 million in the third quarter of 2019 ($0.58 net earnings...

Sep 28, 2020 07:57 am ET

Fairfax India Announces Intention to Make a Normal Course Issuer Bid

Jul 30, 2020 05:15 pm ET

Fairfax India Holdings Corporation: Second Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $52.4 million in the second quarter of 2020 ($0.35 net earnings per diluted share), compared to a net loss of $55.5 million in the second quarter of 2019 ($0.36 net loss per...

Jun 26, 2020 05:33 pm ET

Fairfax India Announces $550 Million Term Loan Extension

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) is pleased to announce the extension of its $550 million secured term loan facility (“Term Loan Facility”) with a syndicate of Canadian banks to June 28, 2021 with an option to...

Apr 30, 2020 06:01 pm ET

Fairfax India Holdings Corporation: First Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $253.8 million in the first quarter of 2020 ($1.67 net loss per diluted share), compared to a net loss of $52.6 million in the first quarter of 2019 ($0.34 net loss per...

Apr 17, 2020 05:04 pm ET

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 16, 2020 annual shareholders’ meeting. Each of the nominee directors listed in the Corporation’s management proxy circular...

Apr 07, 2020 05:04 pm ET

Fairfax INDIA ANNOUNCES ANNUAL MEETING WEBCAST DETAILS

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) has formerly announced that, due to the COVID-19 pandemic, shareholders will not be able to attend in person at its annual meeting commencing at 2:00 p.m. Eastern Time on Thursday,...

Mar 16, 2020 07:57 am ET

FAIRFAX INDIA ANNOUNCES CHANGES TO ANNUAL MEETING

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U), recognizing the widespread cancellation of public events as a protection of individual and public safety in the face of the COVID-19 pandemic, has cancelled the attendance of its...

Mar 05, 2020 05:05 pm ET

Fairfax India Renews Universal Shelf Prospectus

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) has filed a final short form base shelf prospectus with the Canadian securities regulatory authorities in connection with Fairfax India’s US$1.5 billion universal shelf renewal. The...

Feb 13, 2020 05:07 pm ET

Financial Results for the Year Ended December 31, 2019

Fairfax India Holdings Corporation (TSX: FIH.U) announces fiscal year 2019 net earnings of $516.3 million ($3.30 net earnings per diluted share), compared to fiscal year 2018 net earnings of $96.4 million ($0.63 net earnings per diluted share),...

Dec 23, 2019 07:59 am ET

Fairfax India Completes Transaction With Sanmar Chemicals Group

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has completed its previously announced transaction with Sanmar Chemicals Group (“Sanmar”). As part of the transaction, Sanmar purchased $300...

Dec 16, 2019 07:59 am ET

Fairfax India Sells Minority Position of Anchorage Infrastructure

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has entered into an agreement to sell an interest in Anchorage Infrastructure Investments Holdings Limited (“Anchorage”) of approximately 11.5% on a fully-diluted...

Oct 31, 2019 05:06 pm ET

Fairfax India Holdings Corporation: Third Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $89.2 million in the third quarter of 2019 ($0.58 net earnings per diluted share), compared to net earnings of $94.2 million in the third quarter of 2018 ($0.61 net earnings...

Sep 26, 2019 08:07 am ET

Fairfax India Announces Early Termination of Existing Normal Course issuer Bid and Intention to Make New Normal Course Issuer Bid

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that, in order to align its Normal Course Issuer Bid with its regularly scheduled blackout periods, Fairfax India has terminated its existing Normal Course Issuer Bid...

Aug 12, 2019 07:00 am ET

Fairfax India Announces Filing of IPO Prospectus by CSB Bank Limited

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that CSB Bank Limited (“CSB Bank”, formerly known as The Catholic Syrian Bank Limited) has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange...

Aug 08, 2019 07:58 am ET

Fairfax India Holdings Corporation: Executive Announcement

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) is pleased to announce that Amy Sherk has been appointed Chief Financial Officer of Fairfax India. Amy has been with Fairfax Financial Holdings Limited (“Fairfax”) for over 15 years,...

Aug 01, 2019 05:05 pm ET

Fairfax India Holdings Corporation: Second Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $55.5 million in the second quarter of 2019 ($0.36 net loss per diluted share), compared to a net loss of $69.6 million in the second quarter of 2018 ($0.45 net loss per...

Jun 28, 2019 05:00 pm ET

Fairfax India Completes $550 Million Term Loan and $50 Million Revolving Credit Facility

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) has completed a $550 million secured term loan facility (“Term Loan Facility”) with a syndicate of Canadian banks, which loan amends, restates and replaces its existing $550 million...

May 02, 2019 05:04 pm ET

Fairfax India Holdings Corporation: First Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $52.6 million in the first quarter of 2019 ($0.34 net loss per diluted share), compared to net earnings of $28.8 million in the first quarter of 2018 ($0.19 net earnings per...

Apr 12, 2019 05:37 pm ET

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Fairfax India Holdings Corporation (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 11, 2019 Annual Shareholders’ Meeting. Each of the nominee directors listed in the Corporation’s management proxy circular...

Mar 29, 2019 07:00 am ET

Fairfax India Completes Investment in Seven Islands Shipping Limited

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has invested approximately INR 5.0 billion (approximately $72.1 million at current exchange rates) in Seven Islands Shipping Limited (“Seven Islands”). The...

Feb 14, 2019 05:22 pm ET

Financial Results for the Year Ended December 31, 2018

Fairfax India Holdings Corporation (TSX: FIH.U) announces fiscal year 2018 net earnings of $96.4 million ($0.63 net earnings per diluted share) compared to fiscal year 2017 net earnings of $452.5 million ($2.94 net earnings per diluted share),...

Nov 01, 2018 05:16 pm ET

Fairfax India Holdings Corporation: Third Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $94.2 million in the third quarter of 2018 ($0.61 net earnings per diluted share) compared to a net loss of $53.2 million in the third quarter of 2017 ($0.36 net loss per...

Oct 19, 2018 07:15 am ET

Fairfax India Completes Initial Investment in The Catholic Syrian Bank Ltd.

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that it has received all required regulatory approvals and has completed the initial closing of its aggregate INR 12.1 billion (approximately $164.7 million at current...

Oct 03, 2018 08:30 am ET

Fairfax India Holdings Corporation: Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that the Toronto Stock Exchange (the “TSX”) accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting...

Sep 28, 2018 04:30 pm ET

Fairfax India Enters Into Automatic Share Purchase Plan and Announces Intention to Implement Normal Course Issuer Bid

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX:FIH.U) announces today that it intends to implement a normal course issuer bid (“NCIB”) for its subordinate voting shares (the “Shares”). The NCIB will be made in accordance...

Sep 17, 2018 06:55 am ET

Fairfax India Announces an Agreement With Sanmar Chemicals Group

Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) in 2016 completed an investment in Sanmar Chemicals Group (“Sanmar”), comprised of $300 million (INR 19.9 billion) principal amount of bonds maturing on April 22, 2023 and common...

Aug 03, 2018 05:02 pm ET

Fairfax India Appoints Lauren Templeton and Sumit Maheshwari to Its Board of Directors

Fairfax India Holdings Corporation (“Fairfax India”) (TSX:FIH.U) announces that it has appointed Lauren Templeton as an independent director and Sumit Maheshwari as a director. Ms. Templeton is the founder and President of Templeton and Phillips...

Aug 02, 2018 05:03 pm ET

Fairfax India Holdings Corporation: Second Quarter Financial Results

Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $69.6 million in the second quarter of 2018 ($0.45 net loss per diluted share) compared to net earnings of $268.6 million in the second quarter of 2017 ($1.74 net earnings per...

Jun 28, 2018 05:02 pm ET

Fairfax India Completes $550 Million Term Loan

Fairfax India Holdings Corporation (“Fairfax India”) (TSX:FIH.U) announces that it has completed a $550 million, 1-year secured term loan, with an option to extend for an additional year, with a syndicate of Canadian banks, which loan amends,...

May 21, 2018 08:02 am ET

Fairfax India Executive Announcement

Fairfax India Holdings Corporation (“Fairfax India”) (TSX:FIH.U) announces that Harsha Raghavan, Managing Director and Chief Executive Officer of Fairbridge Capital Private Limited (“Fairbridge”) and a member of Fairfax India’s board of directors,...

May 16, 2018 05:02 pm ET

Fairfax India Acquires an Additional 6% Interest in Bangalore International Airport Limited

Fairfax India Holdings Corporation (“Fairfax India”) (TSX:FIH.U) announces that it has completed its previously announced acquisition of an additional 6% of the outstanding shares of Bangalore International Airport Limited from Siemens Project...

May 03, 2018 05:02 pm ET

Fairfax India Holdings Corporation: First Quarter Financial Results

Fairfax India Holdings Corporation (TSX:FIH.U) announces net earnings of $28.8 million in the first quarter of 2018 ($0.19 net earnings per diluted share) compared to net earnings of $149.0 million in the first quarter of 2017 ($1.03 net earnings...

Apr 30, 2018 05:37 pm ET