Fairfax India completes sale of 51% of Saurashtra

Executive Summary

• Fairfax India Holdings Corp.’s subsidiary, FIH Mauritius Investments Ltd., completed the sale of its 51% equity interest in Saurashtra Freight Private Ltd. to Kamigumi Co. Ltd. for INR 6,622 million (≈ US$75 million).
• The transaction closes Fairfax India’s ownership in Saurashtra Freight; the company will no longer hold any shares in the logistics business.
• Proceeds from the sale are expected to be redeployed into other investment opportunities consistent with Fairfax India’s mandate for long‑term capital appreciation.

Key Details

• Seller: FIH Mauritius Investments Ltd., wholly owned subsidiary of Fairfax India Holdings Corp.
• Buyer: Kamigumi Co. Ltd., a Japanese logistics company.
• Equity Sold: 51% equity interest in Saurashtra Freight Private Ltd. (formerly held by Fairfax India).
• Transaction Value: INR 6,622 million (approximately US$75 million at prevailing exchange rates).
• Closing Date: Transaction completed as of the date of this release (2026‑03‑31).
• Resulting Ownership: Fairfax India will cease to own any shares in Saurashtra Freight following closing.
• Use of Proceeds: Not explicitly disclosed; anticipated to be allocated toward new investment opportunities aligned with Fairfax India’s strategic objectives.

Notable Quotes

(No direct quotes were provided in the release.)