Fairfax India makes open offer to buy additional 26% in IIFL Capital Services

May 19, 2026

Fairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follows a Rs 2000 crore investment that increased Fairfax’s holding to 38.47%. The offer is priced at Rs 350 per share for approximately 10 crore equity shares.

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