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 Jain2023-04-21 14:42:512024-02-21 10:30:43Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax India Holdings Corporation announces additional details regarding its upcoming hybrid annual shareholders’ meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on April 20, 2023 and will commence at 2:00 p.m. Eastern Time, with the formal annual meeting and a presentation by Prem Watsa, Fairfax India’s Chairman and Chandran Ratnaswami, Fairfax India’s CEO, followed by a Q&A session, all of which will be webcast in real time.
Fairfax India Holdings Corporation announces fiscal year 2022 net earnings of $191.4 million ($1.34 net earnings per diluted share), compared to 2021 net earnings of $494.5 million ($3.22 net earnings per diluted share). The company’s book value per share at December 31, 2022 of $19.11 represented a compound annual growth rate of 8.5% (8.7% prior to the performance fee described below) from the initial public offering price of $10.00 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 Jain2023-02-16 14:50:432024-02-21 10:30:43Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2022
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 Jain2023-02-06 15:03:392024-02-21 10:30:44Fairfax India Appoints R. William McFarland to Its Board of Directors
Fairfax India Holdings Corporation regrettably announces the passing of Alan Horn, who served as an Independent Board Member on the Company’s Board of Directors and Chair of the Audit Committee. Alan was a seasoned and devoted company executive who joined Rogers Communications in 1990 and worked in a variety of executive roles and served on various Rogers boards (including as Chair) for more than 25 years.
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 Jain2023-01-17 15:05:062024-02-21 10:30:44Fairfax India Announces the Passing of Board Member Alan Horn
Fairfax India Holdings Corporation announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd. has completed its previously announced sale of 9.8% equity interest in IIFL Wealth Management Limited (“IIFL Wealth”) to Bain Capital for gross proceeds of approximately $172 million (approximately INR14.0 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 Jain2022-11-22 15:56:432024-02-21 10:30:45Fairfax India Completes Sale of Equity Interest in IIFL Wealth Management Limited
Fairfax India Holdings Corporation announces net earnings of $112.6 million in the third quarter of 2022 ($0.79 net earnings per diluted share), compared to net earnings of $131.9 million in the third quarter of 2021 ($0.85 net earnings per diluted share).
Fairfax India Holdings Corporation reaffirms that while its general practice is not to comment on market speculation, the Company confirms that contrary to some recent media reports, the Company is a long-term shareholder of Bangalore International Airport Limited (“BIAL”) and has no intention of selling its ownership interest in BIAL.
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 Jain2022-10-27 16:00:162024-02-21 10:30:46Fairfax India Responds to Market Speculation
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 Jain2022-10-03 16:02:252023-06-27 15:53:41Fairfax India Appoints Sharmila Karve to Its Board of Directors
Fairfax India Holdings Corporation announces that the Toronto Stock Exchange has 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) effective September 30, 2022.
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 Jain2022-09-28 16:04:372023-06-28 09:24:41Fairfax India Announces Intention to Make a Normal Course Issuer Bid
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 20, 2023 Annual Shareholders’ Meeting.
Fairfax India Announces Hybrid Annual Shareholders’ Meeting Details
Fairfax India Holdings Corporation announces additional details regarding its upcoming hybrid annual shareholders’ meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on April 20, 2023 and will commence at 2:00 p.m. Eastern Time, with the formal annual meeting and a presentation by Prem Watsa, Fairfax India’s Chairman and Chandran Ratnaswami, Fairfax India’s CEO, followed by a Q&A session, all of which will be webcast in real time.
Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2022
Fairfax India Holdings Corporation announces fiscal year 2022 net earnings of $191.4 million ($1.34 net earnings per diluted share), compared to 2021 net earnings of $494.5 million ($3.22 net earnings per diluted share). The company’s book value per share at December 31, 2022 of $19.11 represented a compound annual growth rate of 8.5% (8.7% prior to the performance fee described below) from the initial public offering price of $10.00 per share.
Fairfax India Appoints R. William McFarland to Its Board of Directors
Fairfax India Holdings Corporation announces that it has appointed Mr. R. William (Bill) McFarland as an independent director.
Fairfax India Announces the Passing of Board Member Alan Horn
Fairfax India Holdings Corporation regrettably announces the passing of Alan Horn, who served as an Independent Board Member on the Company’s Board of Directors and Chair of the Audit Committee. Alan was a seasoned and devoted company executive who joined Rogers Communications in 1990 and worked in a variety of executive roles and served on various Rogers boards (including as Chair) for more than 25 years.
Fairfax India Completes Sale of Equity Interest in IIFL Wealth Management Limited
Fairfax India Holdings Corporation announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd. has completed its previously announced sale of 9.8% equity interest in IIFL Wealth Management Limited (“IIFL Wealth”) to Bain Capital for gross proceeds of approximately $172 million (approximately INR14.0 billion at current exchange rates).
Fairfax India Holdings Corporation: Third Quarter Financial Results
Fairfax India Holdings Corporation announces net earnings of $112.6 million in the third quarter of 2022 ($0.79 net earnings per diluted share), compared to net earnings of $131.9 million in the third quarter of 2021 ($0.85 net earnings per diluted share).
Fairfax India Responds to Market Speculation
Fairfax India Holdings Corporation reaffirms that while its general practice is not to comment on market speculation, the Company confirms that contrary to some recent media reports, the Company is a long-term shareholder of Bangalore International Airport Limited (“BIAL”) and has no intention of selling its ownership interest in BIAL.
Fairfax India Appoints Sharmila Karve to Its Board of Directors
Fairfax India Holdings Corporation announces that it has appointed Ms. Sharmila Karve as an independent director.
Fairfax India Announces Intention to Make a Normal Course Issuer Bid
Fairfax India Holdings Corporation announces that the Toronto Stock Exchange has 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) effective September 30, 2022.