Fairfax India Holdings Corporation announces net earnings of $18.3 million in the third quarter of 2015 ($0.17 net earnings per basic share) primarily due to unrealized gains on marketable securities. Book value per basic share decreased slightly to $9.36 at September 30, 2015 due primarily to unrealized foreign currency translation losses.
Fairfax India Holdings Corporation (TSX:FIH.U) is pleased to announce that it has increased the number of directors from seven to eight and appointed Dr. Punita Kumar-Sinha as an independent director.
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 Jain2015-08-24 14:26:462023-06-28 14:01:37Fairfax India Appoints Dr. Punita Kumar-Sinha to Its Board of Directors
Fairfax India Holdings Corporation, through its wholly-owned subsidiary FIH Mauritius Investments Ltd (FIH), has completed its previously announced acquisition of approximately 74% of National Collateral Management Services Limited (“National Collateral”) for an aggregate investment of approximately INR 8.0 billion (approximately $126 million at current exchange rates).
Fairfax India Holdings Corporation announces a net loss of $2.18 million in the second quarter of 2015 ($0.02 net loss per basic share) primarily due to unrealized losses on its bond portfolio. Book value per basic share decreased to $9.45 at June 30, 2015 due to unrealized bond and foreign currency translation losses.
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary FIH Mauritius Investments Ltd, it has agreed to acquire approximately 74% of National Collateral Management Services Limited (“National Collateral”) for an aggregate investment of approximately INR 8 billion (approximately $126 million).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2015-07-20 14:31:022023-06-28 14:04:07Fairfax India to Acquire National Collateral Management Services, India’s Largest Non-Government Grain Handling Company
Fairfax India Holdings Corporation announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd (“FIH”), has issued a public announcement of an open offer to acquire up to approximately 83,128,852 equity shares of IIFL Holdings Limited (“IIFL”), formerly India Infoline Limited, at a price of INR 195 per share (approximately US$ 3.07 per share at current exchange rates) other than those shares already owned by it and its affiliates according to regulations of the Securities and Exchange Board of India for substantial acquisitions of shares and takeovers (the “Offer”).
Fairfax India Holdings Corporation (TSX:FIH.U) announces net earnings of $4.01 million in the first
quarter of 2015 ($0.06 per basic share). Book value per basic share (which equals the Net Asset Value Per
Share used in calculating fees payable by Fairfax India) was $9.59 at March 31, 2015.
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 Jain2015-04-30 14:33:282023-06-28 14:05:02Fairfax India announces net earnings of $4.01 million in the first quarter of 2015 ($0.06 per basic share)
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announced today that the Company has issued an additional 6,099,932 subordinate voting shares pursuant to the exercise of the over-allotment option granted to a syndicate of underwriters in connection with the Company’s recent initial public offering (the “Offering”) of subordinate voting shares which closed on January 30, 2015.
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 Jain2015-02-10 14:35:412023-06-28 14:05:24Fairfax India announces closing of the underwriter’s overallotment option
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) (“Fairfax Financial”) and Fairfax India Holdings Corporation (TSX:FIH) (“Fairfax India” or the “Company”) announced today that the Company has completed its initial public offering (the “Offering”) of 50,000,000 subordinate voting shares (“Subordinate Voting Shares”) at a price of US$10.00 per share for gross proceeds of US$500 million. The Subordinate Voting Shares will commence trading today on the Toronto Stock Exchange (the “TSX”) under the symbol “FIH”.
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 Jain2015-01-30 14:36:542023-06-28 14:05:30Fairfax India Completes US$1 Billion Offering Comprised of US$500 Million Initial Public Offering and US$500 Million Private Placements and Will Commence Trading Today on the TSX
Fairfax Financial Holdings Limited (“Fairfax Financial”) and Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announce that the Company has filed an amended and restated preliminary prospectus (the “preliminaryprospectus”) with the securities regulatory authorities of all provinces and territories in Canada and obtained a receipt therefor in respect of its initial public offering (the “IPO”) of subordinate voting shares (the “Shares”).
Fairfax India Holdings Corporation: Third Quarter Financial Results
Fairfax India Holdings Corporation announces net earnings of $18.3 million in the third quarter of 2015 ($0.17 net earnings per basic share) primarily due to unrealized gains on marketable securities. Book value per basic share decreased slightly to $9.36 at September 30, 2015 due primarily to unrealized foreign currency translation losses.
Fairfax India Appoints Dr. Punita Kumar-Sinha to Its Board of Directors
Fairfax India Holdings Corporation (TSX:FIH.U) is pleased to announce that it has increased the number of directors from seven to eight and appointed Dr. Punita Kumar-Sinha as an independent director.
Fairfax India Acquires National Collateral Management Services
Fairfax India Holdings Corporation, through its wholly-owned subsidiary FIH Mauritius Investments Ltd (FIH), has completed its previously announced acquisition of approximately 74% of National Collateral Management Services Limited (“National Collateral”) for an aggregate investment of approximately INR 8.0 billion (approximately $126 million at current exchange rates).
Fairfax India Holdings Corporation: Second Quarter Financial Results
Fairfax India Holdings Corporation announces a net loss of $2.18 million in the second quarter of 2015 ($0.02 net loss per basic share) primarily due to unrealized losses on its bond portfolio. Book value per basic share decreased to $9.45 at June 30, 2015 due to unrealized bond and foreign currency translation losses.
Fairfax India to Acquire National Collateral Management Services, India’s Largest Non-Government Grain Handling Company
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary FIH Mauritius Investments Ltd, it has agreed to acquire approximately 74% of National Collateral Management Services Limited (“National Collateral”) for an aggregate investment of approximately INR 8 billion (approximately $126 million).
Offer to Acquire 26% of IIFL Holdings Limited
Fairfax India Holdings Corporation announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd (“FIH”), has issued a public announcement of an open offer to acquire up to approximately 83,128,852 equity shares of IIFL Holdings Limited (“IIFL”), formerly India Infoline Limited, at a price of INR 195 per share (approximately US$ 3.07 per share at current exchange rates) other than those shares already owned by it and its affiliates according to regulations of the Securities and Exchange Board of India for substantial acquisitions of shares and takeovers (the “Offer”).
Fairfax India announces net earnings of $4.01 million in the first quarter of 2015 ($0.06 per basic share)
Fairfax India Holdings Corporation (TSX:FIH.U) announces net earnings of $4.01 million in the first
quarter of 2015 ($0.06 per basic share). Book value per basic share (which equals the Net Asset Value Per
Share used in calculating fees payable by Fairfax India) was $9.59 at March 31, 2015.
Fairfax India announces closing of the underwriter’s overallotment option
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announced today that the Company has issued an additional 6,099,932 subordinate voting shares pursuant to the exercise of the over-allotment option granted to a syndicate of underwriters in connection with the Company’s recent initial public offering (the “Offering”) of subordinate voting shares which closed on January 30, 2015.
Fairfax India Completes US$1 Billion Offering Comprised of US$500 Million Initial Public Offering and US$500 Million Private Placements and Will Commence Trading Today on the TSX
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) (“Fairfax Financial”) and Fairfax India Holdings Corporation (TSX:FIH) (“Fairfax India” or the “Company”) announced today that the Company has completed its initial public offering (the “Offering”) of 50,000,000 subordinate voting shares (“Subordinate Voting Shares”) at a price of US$10.00 per share for gross proceeds of US$500 million. The Subordinate Voting Shares will commence trading today on the Toronto Stock Exchange (the “TSX”) under the symbol “FIH”.
Fairfax India-Initial Public Offering Update
Fairfax Financial Holdings Limited (“Fairfax Financial”) and Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announce that the Company has filed an amended and restated preliminary prospectus (the “preliminaryprospectus”) with the securities regulatory authorities of all provinces and territories in Canada and obtained a receipt therefor in respect of its initial public offering (the “IPO”) of subordinate voting shares (the “Shares”).