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Fairfax increases stake in another India portfolio firm

By Ranjani Raghavan

  • 18 Dec 2019
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Fairfax increases stake in another India portfolio firm
Credit: 123RF.com

Fairfax India Holdings Corp, the country-specific investment vehicle of India-born Canadian billionaire Prem Watsa, has infused additional capital into a local warehousing company that it first backed in 2015. Fairfax has invested an additional Rs 100 crore ($14.1 million) via compulsory convertible debentures in agricultural warehousing firm National Collateral Management Services ......

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