Fairfax India Holdings Corporation 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 diluted share), reflecting net unrealized losses on investments.
Fairfax India Holdings Corporation 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, restates and replaces its existing $400 million secured term loan.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-06-28 15:53:352023-06-28 13:04:41Fairfax India Completes $550 Million Term Loan
Fairfax India Holdings Corporation 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, after almost seven years of outstanding service for Fairfax India and Fairfax Financial Holdings Limited (“Fairfax”) has decided to return to the private equity industry.
Fairfax India Holdings Corporation 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 Ventures GmbH (“Siemens”), part of Siemens’ Financial Services Division, for an aggregate investment of approximately $67 million (approximately INR 4.5 billion at current exchange rates).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-05-16 15:57:332023-06-28 13:04:52Fairfax India Acquires an Additional 6% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation 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 per diluted share), reflecting decreased net unrealized gains on investments.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-04-30 16:05:492023-06-28 13:24:23Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax India Holdings Corporation announces that it has entered an agreement to acquire an additional 6% of the outstanding shares of Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH (“Siemens”), part of Siemens’ Financial Services Division, for an aggregate investment of approximately $67 million (approximately INR 4.4 billion at current exchange rates).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-03-29 16:07:302023-06-28 13:24:28Fairfax India to Acquire Additional 6% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation is pleased to announce that it has entered an agreement to invest INR 12.1 billion (approximately $186 million at current exchange rates) for a 51% equity ownership in The Catholic Syrian Bank Ltd. (“CSBL”). The investment is subject to customary closing conditions and is expected to close in the first half of 2018.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-02-20 16:08:542023-06-28 13:24:35Fairfax India to Acquire 51% of The Catholic Syrian Bank Ltd.
Fairfax India Holdings Corporation is pleased to announce that it has formally indicated its non-binding interest in investing in 51% of the share capital of The Catholic Syrian Bank Ltd. (“CSBL”) for a purchase price of Rs 140 per share.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-02-17 16:10:342023-06-28 13:24:40Fairfax India Announces Proposed Investment in the Catholic Syrian Bank Ltd.
Fairfax India Holdings Corporation announces fiscal year 2017 net earnings of $452.5 million ($2.94 net earnings per diluted share) compared to fiscal year 2016 net earnings of $107.8 million ($1.01 net earnings per diluted share), reflecting increased net unrealized gains on investments.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2018-02-15 16:11:482023-06-28 13:26:38Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2017
Fairfax India Holdings Corporation: Second Quarter Financial Results
Fairfax India Holdings Corporation 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 diluted share), reflecting net unrealized losses on investments.
Fairfax India Completes $550 Million Term Loan
Fairfax India Holdings Corporation 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, restates and replaces its existing $400 million secured term loan.
Fairfax India Executive Announcement
Fairfax India Holdings Corporation 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, after almost seven years of outstanding service for Fairfax India and Fairfax Financial Holdings Limited (“Fairfax”) has decided to return to the private equity industry.
Fairfax India Acquires an Additional 6% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation 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 Ventures GmbH (“Siemens”), part of Siemens’ Financial Services Division, for an aggregate investment of approximately $67 million (approximately INR 4.5 billion at current exchange rates).
Fairfax India Holdings Corporation: First Quarter Financial Results
Fairfax India Holdings Corporation 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 per diluted share), reflecting decreased net unrealized gains on investments.
Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax India Holdings Corporation is pleased to announce the results of the vote on Directors at its April 26, 2018 Annual Shareholders’ Meeting.
Fairfax India to Acquire Additional 6% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation announces that it has entered an agreement to acquire an additional 6% of the outstanding shares of Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH (“Siemens”), part of Siemens’ Financial Services Division, for an aggregate investment of approximately $67 million (approximately INR 4.4 billion at current exchange rates).
Fairfax India to Acquire 51% of The Catholic Syrian Bank Ltd.
Fairfax India Holdings Corporation is pleased to announce that it has entered an agreement to invest INR 12.1 billion (approximately $186 million at current exchange rates) for a 51% equity ownership in The Catholic Syrian Bank Ltd. (“CSBL”). The investment is subject to customary closing conditions and is expected to close in the first half of 2018.
Fairfax India Announces Proposed Investment in the Catholic Syrian Bank Ltd.
Fairfax India Holdings Corporation is pleased to announce that it has formally indicated its non-binding interest in investing in 51% of the share capital of The Catholic Syrian Bank Ltd. (“CSBL”) for a purchase price of Rs 140 per share.
Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2017
Fairfax India Holdings Corporation announces fiscal year 2017 net earnings of $452.5 million ($2.94 net earnings per diluted share) compared to fiscal year 2016 net earnings of $107.8 million ($1.01 net earnings per diluted share), reflecting increased net unrealized gains on investments.