CAMEO+ eventCORPORATE2026-05-07馃嚠馃嚦
Fairfax India to invest $211 million to raise IIFL Capital stake to 51%
source: Fairfax India -> target: IIFL Capital Services
On 2026-05-07, Fairfax India said it will invest 20 billion rupees ($211.1 million) to raise its stake in IIFL Capital Services to 51% via a preferential allotment. The deal would give Fairfax India majority control, subject to shareholder and regulatory approvals, and trigger an open offer under Indian regulations.
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