Fairfax India Holdings Corporation announces that it has completed its previously announced sale of approximately 11.5% (on a fully-diluted basis) of its interest in Anchorage Infrastructure Investments Holdings Limited (“Anchorage”) for gross proceeds of INR 9.5 billion (approximately $129 million at current exchange rates).
https://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2021-09-16 11:26:412023-06-28 09:42:29Fairfax India Completes Sale of Minority Position of Anchorage Infrastructure
Fairfax India Holdings Corporation announces that it has received all regulatory approvals required to complete the previously announced transaction to sell approximately 11.5% (on a fully-diluted basis) of its interest in Anchorage Infrastructure Investments Holdings Limited (“Anchorage”) for gross proceeds of approximately INR 9.5 billion (approximately $129 million at current exchange rates).
https://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2021-09-07 12:28:492023-06-28 09:46:20Fairfax India Receives All Regulatory Approvals to Complete Sale of Minority Position of Anchorage Infrastructure
Fairfax India Holdings Corporation announces today the completion of its substantial issuer bid initially announced on June 15, 2021. Fairfax India has taken up and paid for 7,046,979 subordinate voting shares (the “Shares”) at a purchase price of US$14.90 per Share (the “Purchase Price”).
Fairfax India Holdings Corporation announced today the preliminary results of its substantial issuer bid initially announced on June 15, 2021 (the “Offer”), pursuant to which the Company offered to purchase for cancellation a number of its subordinate voting shares (“Shares”) for an aggregate purchase price not to exceed US$105 million at a purchase price of not less than US$12.50 and not more than US$15.00 per Share.
Fairfax India Holdings Corporation announces that Chemplast Sanmar Limited (“CSL”), a subsidiary of Sanmar Chemicals Group (“Sanmar”) has filed a red herring prospectus with the Registrar of Companies in connection with its initial public offering.
https://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2021-08-05 12:54:302023-06-28 09:46:37Fairfax India Announces Filing of Prospectus by Chemplast Sanmar Limited
Fairfax India Holdings Corporation announces net earnings of $224.9 million in the second quarter of 2021 ($1.43 net earnings per diluted share), compared to net earnings of $52.4 million in the second quarter of 2020 ($0.35 net earnings per diluted share), reflecting increased net realized and unrealized gains on investments, partially offset by increased performance fees, provision for income taxes, and net foreign exchange losses.
Fairfax India Holdings Corporation announces that its Board of Directors has authorized, and the Company has formally commenced, a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to repurchase for cancellation up to US$105 million of its subordinate voting shares (the “Shares”) from shareholders for cash.
Fairfax India Holdings Corporation announces that Chemplast Sanmar Limited (“CSL”), a subsidiary of Sanmar Chemicals Group (“Sanmar”), has filed a draft red herring prospectus with the Securities and Exchange Board of India (“SEBI”) in connection with its proposed initial public offering (the “IPO”).
https://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2021-05-03 13:07:072023-06-28 10:44:12Fairfax India Announces Filing of Prospectus by Chemplast Sanmar Limited
Fairfax India Holdings Corporation announces net earnings of $255.4 million in the first quarter of 2021 ($1.66 net earnings per diluted share), compared to a net loss of $253.8 million in the first quarter of 2020 ($1.67 net loss per diluted share), reflecting increased net unrealized gains on investments and decreased net foreign exchange losses, partially offset by increased performance fees and provision for income taxes.
Fairfax India Holdings Corporation announces that it has entered into an agreement to sell its 48.8% shareholding in Privi Speciality Chemicals Limited to certain entities affiliated with Mahesh P Babani and D B Rao for INR 12.2 billion (approximately $163 million at current exchange rates).
https://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://dv1india.fairfax.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2021-04-22 13:13:402023-06-28 10:45:22Fairfax India Announces Sale of its Equity Interest in Privi Speciality Chemicals Limited
Fairfax India Completes Sale of Minority Position of Anchorage Infrastructure
Fairfax India Holdings Corporation announces that it has completed its previously announced sale of approximately 11.5% (on a fully-diluted basis) of its interest in Anchorage Infrastructure Investments Holdings Limited (“Anchorage”) for gross proceeds of INR 9.5 billion (approximately $129 million at current exchange rates).
Fairfax India Receives All Regulatory Approvals to Complete Sale of Minority Position of Anchorage Infrastructure
Fairfax India Holdings Corporation announces that it has received all regulatory approvals required to complete the previously announced transaction to sell approximately 11.5% (on a fully-diluted basis) of its interest in Anchorage Infrastructure Investments Holdings Limited (“Anchorage”) for gross proceeds of approximately INR 9.5 billion (approximately $129 million at current exchange rates).
Fairfax India Announces Completion of Substantial Issuer Bid
Fairfax India Holdings Corporation announces today the completion of its substantial issuer bid initially announced on June 15, 2021. Fairfax India has taken up and paid for 7,046,979 subordinate voting shares (the “Shares”) at a purchase price of US$14.90 per Share (the “Purchase Price”).
Fairfax India Announces Preliminary Results of Substantial Issuer Bid
Fairfax India Holdings Corporation announced today the preliminary results of its substantial issuer bid initially announced on June 15, 2021 (the “Offer”), pursuant to which the Company offered to purchase for cancellation a number of its subordinate voting shares (“Shares”) for an aggregate purchase price not to exceed US$105 million at a purchase price of not less than US$12.50 and not more than US$15.00 per Share.
Fairfax India Announces Filing of Prospectus by Chemplast Sanmar Limited
Fairfax India Holdings Corporation announces that Chemplast Sanmar Limited (“CSL”), a subsidiary of Sanmar Chemicals Group (“Sanmar”) has filed a red herring prospectus with the Registrar of Companies in connection with its initial public offering.
Fairfax India Holdings Corporation: Second Quarter Financial Results
Fairfax India Holdings Corporation announces net earnings of $224.9 million in the second quarter of 2021 ($1.43 net earnings per diluted share), compared to net earnings of $52.4 million in the second quarter of 2020 ($0.35 net earnings per diluted share), reflecting increased net realized and unrealized gains on investments, partially offset by increased performance fees, provision for income taxes, and net foreign exchange losses.
Fairfax India Announces US$105 Million Substantial Issuer Bid
Fairfax India Holdings Corporation announces that its Board of Directors has authorized, and the Company has formally commenced, a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to repurchase for cancellation up to US$105 million of its subordinate voting shares (the “Shares”) from shareholders for cash.
Fairfax India Announces Filing of Prospectus by Chemplast Sanmar Limited
Fairfax India Holdings Corporation announces that Chemplast Sanmar Limited (“CSL”), a subsidiary of Sanmar Chemicals Group (“Sanmar”), has filed a draft red herring prospectus with the Securities and Exchange Board of India (“SEBI”) in connection with its proposed initial public offering (the “IPO”).
Fairfax India Holdings Corporation: First Quarter Financial Results
Fairfax India Holdings Corporation announces net earnings of $255.4 million in the first quarter of 2021 ($1.66 net earnings per diluted share), compared to a net loss of $253.8 million in the first quarter of 2020 ($1.67 net loss per diluted share), reflecting increased net unrealized gains on investments and decreased net foreign exchange losses, partially offset by increased performance fees and provision for income taxes.
Fairfax India Announces Sale of its Equity Interest in Privi Speciality Chemicals Limited
Fairfax India Holdings Corporation announces that it has entered into an agreement to sell its 48.8% shareholding in Privi Speciality Chemicals Limited to certain entities affiliated with Mahesh P Babani and D B Rao for INR 12.2 billion (approximately $163 million at current exchange rates).