Fairfax India Holdings Corporation
TSX : FIH.U

Fairfax India Holdings Corporation

October 03, 2016 08:36 ET

Fairfax India Advances Second Tranche of Investment in Sanmar Chemicals Group

TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) -

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(Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted.)

Fairfax India Holdings Corporation (TSX:FIH.U)("Fairfax India") announces that, through its wholly-owned subsidiary in Mauritius, it has closed its second tranche of investment into Sanmar Chemicals Group by funding $50 million.

About Fairfax India

Fairfax India is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.

Contact Information

  • John Varnell
    Vice President, Corporate Affairs
    (416) 367-4755