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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
M&A / Property

Fairfax India Completes Sale of Equity Interest in Saurashtra Freight Private Limited

By The Northwire Desk — AI Analysis Nov 14, 2025 · 07:00 FIH · 16.57 None
FIH · Price

Executive Summary

  • Fairfax India’s wholly‑owned subsidiary, FIH Mauritius Investments Ltd, completed the sale of its 51% stake in Saurashtra Freight Private Limited to Japan’s Kamigumi Co., Ltd. for INR 6,622 million (≈US$75 million).
  • The transaction closes the previously announced divestiture; Fairfax India will no longer hold any ownership interest in Saurashtra.
  • Proceeds from the sale are expected to be redeployed into Fairfax India’s core investment strategy or other opportunistic acquisitions.

Key Details

  • Seller: FIH Mauritius Investments Ltd (wholly‑owned subsidiary of Fairfax India).
  • Buyer: Kamigumi Co., Ltd., a Japanese logistics company.
  • Asset Sold: 51% equity interest in Saurashtra Freight Private Limited (“Saurashtra”).
  • Transaction Value: INR 6,622 million (approximately US$75 million at prevailing exchange rates).
  • Closing Date: November 14 2025.
  • Resulting Ownership: Fairfax India ceases to own any shares in Saurashtra following closing.
  • Use of Proceeds: Not explicitly disclosed; anticipated to be allocated toward Fairfax India’s investment portfolio and strategic initiatives.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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