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Fairfax sells 51% stake in Saurashtra Freight to a Japanese firm for ₹662 cr
BusinessLine· 2025-09-12 23:54
Fairfax India Holdings Corporation on Friday said its wholly owned subsidiary --- FIH Mauritius Investments Ltd --- has sold 51 per cent of its stake in Saurashtra Freight Pvt Ltd for ₹662 crore to Japan’s logistic company Kamigumi Co. Ltd.Mumbai-based Saurashtra Freight Pvt Ltd owns one of the largest container freight stations at Mundra in Gujarat. The transaction is expected to conclude in the fourth quarter of calendar year 2025 upon which Fairfax India will cease to own any shares in Saurashtra Freight ...