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

Fairfax India will invest via its unit ‌FIH Mauritius Investments through a ‌preferential ⁠allotment priced at ₹350 per ⁠share, a 5.3% premium to IIFL Capital’s closing price on Wednesday

By Reuters· BusinessLine· 5 months ago· 2 min read
Fairfax India to raise stake in IIFL Capital to 51% with $211 million investment