Fairfax India to Acquire Additional Equity Interest In IIFL Capital Services Limited

Fairfax India Fortifies Stake in IIFL Capital Amid Strategic Expansion

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Fairfax India to Acquire Additional Equity Interest In IIFL Capital Services Limited

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Fairfax to inject ₹2,000 crore into Nirmal Jain's IIFL Capital for a majority stake

Preferential allotment and open offer could raise Canadian investor’s stake beyond 51% over time.

Fairfax India to Invest ₹2,000 Crore in IIFL Capital via Preferential Allotment at ₹350 per Share

/PRNewswire/ -- Fairfax India Holdings Corporation ("Fairfax India") of Canada, through its wholly owned subsidiary, FIH Mauritius Investments Ltd ("FIH...

Prem Watsa’s Fairfax to hike stake in IIFL Capital to 51 pc via Rs 2,000 cr fund infusion

Prem Watsa-led Fairfax plans to raise its stake in IIFL Capital to 51% through a Rs 2,000 crore capital infusion, open offer and promoter arrangements.

Fairfax India to raise stake in IIFL Capital to 51% with $211 million investment

Fairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The capital infusion will bolster IIFL Capital's financial standing. It will also support the company's expansion across various financial services. This strategic investment comes amid a competitive market landscape for brokerages and wealth managers.