Fairfax India Holdings Corporation 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), reflecting decreased net unrealized gains on investments, partially offset by no performance fee being earned by Fairfax Financial Holdings in fiscal year 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 Jain2019-02-14 12:58:292023-06-28 12:30:06Financial Results for the Year Ended December 31, 2018
Fairfax India Holdings Corporation 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 diluted share), reflecting increased net unrealized gains on investments.
Fairfax India Holdings Corporation 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 exchange rates) investment in The Catholic Syrian Bank Ltd. (“CSBL”).
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 Jain2018-10-19 15:38:202023-06-28 12:30:16Fairfax India Completes Initial Investment in The Catholic Syrian Bank Ltd.
Fairfax India Holdings Corporation announces that the Toronto Stock Exchange accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems).
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 Jain2018-10-03 15:40:272023-06-28 12:30:23Fairfax India Holdings Corporation: Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares
Fairfax India Holdings Corporation 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 with the policies of the Toronto Stock Exchange (the “TSX”) and commencement of purchases under the NCIB is subject to the approval of the TSX.
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 Jain2018-09-28 15:40:252023-06-28 13:03:27Fairfax India Enters Into Automatic Share Purchase Plan and Announces Intention to Implement Normal Course Issuer Bid
Fairfax India Holdings Corporation 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 shares (representing a 30% equity interest).
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 Jain2018-09-17 15:45:132023-06-28 13:03:32Fairfax India Announces an Agreement With Sanmar Chemicals Group
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 Jain2018-08-03 15:49:472023-06-28 13:03:44Fairfax India Appoints Lauren Templeton and Sumit Maheshwari to Its Board of Directors
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.
Financial Results for the Year Ended December 31, 2018
Fairfax India Holdings Corporation 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), reflecting decreased net unrealized gains on investments, partially offset by no performance fee being earned by Fairfax Financial Holdings in fiscal year 2018.
Fairfax India Holdings Corporation: Third Quarter Financial Results
Fairfax India Holdings Corporation 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 diluted share), reflecting increased net unrealized gains on investments.
Fairfax India Completes Initial Investment in The Catholic Syrian Bank Ltd.
Fairfax India Holdings Corporation 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 exchange rates) investment in The Catholic Syrian Bank Ltd. (“CSBL”).
Fairfax India Holdings Corporation: Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares
Fairfax India Holdings Corporation announces that the Toronto Stock Exchange accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems).
Fairfax India Enters Into Automatic Share Purchase Plan and Announces Intention to Implement Normal Course Issuer Bid
Fairfax India Holdings Corporation 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 with the policies of the Toronto Stock Exchange (the “TSX”) and commencement of purchases under the NCIB is subject to the approval of the TSX.
Fairfax India Announces an Agreement With Sanmar Chemicals Group
Fairfax India Holdings Corporation 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 shares (representing a 30% equity interest).
Fairfax India Appoints Lauren Templeton and Sumit Maheshwari to Its Board of Directors
Fairfax India Holdings Corporation announces that it has appointed Lauren Templeton as an independent director and Sumit Maheshwari as a director.
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.