Fairfax India to Acquire Additional Equity Interest In IIFL Capital Services Limited

FAIRFAX INDIA TO ACQUIRE ADDITIONAL EQUITY INTEREST IN IIFL CAPITAL SERVICES LIMITED ( Note : All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted.) TORONTO, May 07, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, FIH Mauritius Investments Ltd, it has entered into an investment agreement (the “Investment Agreement”) with IIFL Capital Services Limited (“IIFL Capital”) and its existing promoters pursuant to which Fairfax India, through a combination of transactions, will increase its ownership interest in IIFL Capital such that Fairfax India, together with its affiliate, will own at least a 51% equity interest (the “Target Shareholding”) in IIFL Capital upon consummation of the transactions.