Fairfax India Holdings Corporation 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 extend for an additional year.
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 Jain2020-06-26 14:59:082023-06-28 10:48:49Fairfax India Announces $550 Million Term Loan Extension
Fairfax India Holdings Corporation 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 diluted share), reflecting net unrealized losses on investments of $274.3 million, partially offset by recovery of the previously accrued performance fee of $47.1 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 Jain2020-04-17 15:42:082023-06-28 11:36:39Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
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, April 16, 2020, but that there will be a webcast of the formal annual meeting and a presentation by Prem Watsa, Fairfax India’s Chair, and Chandran Ratnaswami, Fairfax India’s CEO, followed by a Q&A session.
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 directors and the officers of all of its investee companies at its April 16 annual meeting and has cancelled all booths and other events (dinners, etc.) originally contemplated for that meeting.
Fairfax India Holdings Corporation 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.
Fairfax India Holdings Corporation 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), reflecting increased net unrealized and realized gains on investments, partially offset by increased tax expense and performance fees.
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 Jain2020-02-13 15:51:352023-06-28 12:24:39Financial Results for the Year Ended December 31, 2019
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 Jain2019-12-23 10:18:472023-06-28 12:24:45Fairfax India Completes Transaction With Sanmar Chemicals Group
Fairfax India Holdings Corporation 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 basis for gross proceeds of approximately INR 9.5 billion (approximately $134 million 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 Jain2019-12-16 10:20:512023-06-28 12:24:51Fairfax India Sells Minority Position of Anchorage Infrastructure
Fairfax India Holdings Corporation 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 per diluted share), reflecting decreased net unrealized gains on investments, partially offset by decreased net foreign exchange losses.
Fairfax India Announces $550 Million Term Loan Extension
Fairfax India Holdings Corporation 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 extend for an additional year.
Fairfax India Holdings Corporation: First Quarter Financial Results
Fairfax India Holdings Corporation 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 diluted share), reflecting net unrealized losses on investments of $274.3 million, partially offset by recovery of the previously accrued performance fee of $47.1 million.
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 16, 2020 annual shareholders’ meeting.
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, April 16, 2020, but that there will be a webcast of the formal annual meeting and a presentation by Prem Watsa, Fairfax India’s Chair, and Chandran Ratnaswami, Fairfax India’s CEO, followed by a Q&A session.
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 directors and the officers of all of its investee companies at its April 16 annual meeting and has cancelled all booths and other events (dinners, etc.) originally contemplated for that meeting.
Fairfax India Renews Universal Shelf Prospectus
Fairfax India Holdings Corporation 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.
Financial Results for the Year Ended December 31, 2019
Fairfax India Holdings Corporation 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), reflecting increased net unrealized and realized gains on investments, partially offset by increased tax expense and performance fees.
Fairfax India Completes Transaction With Sanmar Chemicals Group
Fairfax India Holdings Corporation announces that it has completed its previously announced transaction with Sanmar Chemicals Group (“Sanmar”).
Fairfax India Sells Minority Position of Anchorage Infrastructure
Fairfax India Holdings Corporation 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 basis for gross proceeds of approximately INR 9.5 billion (approximately $134 million at current exchange rates).
Fairfax India Holdings Corporation: Third Quarter Financial Results
Fairfax India Holdings Corporation 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 per diluted share), reflecting decreased net unrealized gains on investments, partially offset by decreased net foreign exchange losses.