Press Releases

Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, it has amended its existing credit agreement (“Credit Agreement”) with a syndicate of lenders to (i) provide for the issuance of letters of credit under its revolving credit facility (for the term of the Credit Agreement), and (ii) increase the borrowing limit of its revolving credit facility from $175.0 million to $250.0 million, which shall be reduced to $175.0 million over a period of approximately eighteen months, in accordance with the terms of the Credit Agreement.

Fairfax India Holdings Corporation is pleased to announce the voting results from its special meeting of shareholders held on January 28, 2025 in connection with a proposed one-time deviation from the Company’s investment concentration restriction set forth in its by-laws in order to complete the previously announced acquisition of an additional 10% equity interest in Bangalore International Airport Limited.

Fairfax India Holdings Corporation announces that, through its wholly-owned subsidiary, it has entered into an agreement to acquire an additional 10% equity interest in Bangalore International Airport Limited from Siemens Project Ventures GmbH, part of Siemens Financial Services.

Fairfax India Holdings Corporation announces that, through its wholly-owned subsidiary, it has completed its previously announced investment in Global Aluminium Private Limited (“Global Aluminium”) for INR 6,955 million (approximately $83 million at current exchange rates) of which the Company has retained INR 700 million (approximately $8.3 million at current exchange rates) until the sellers complete certain post-closing obligations.