Fairfax India sells stake in IIFL Finance for Rs.374-Cr
Fairfax India Holdings' subsidiary, FIH Mauritius Investments, has sold a 1.49% stake in Mumbai-based IIFL Finance for INR 374.02 crore through open market transactions. Following this transaction, Fairfax’s shareholding in the company is expected to decrease from the 15.18% reported in June 2026.
Fairfax India Holdings first invested in IIFL Finance in Dec 2015. It sold shares in Jun 2023 and Dec 2023 through open market transactions. The company went public in Apr 2005.
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