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Fairfax seeks Canadian regulator's nod to infuse up to $1.5 bn in India

Makes regulatory filings as it seeks to invest in debt, equity or other securities over a 25-month period

Investments, money, rupee
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Fairfax invests in businesses that are expected to benefit from India’s pro-business political environment

Gireesh Babu Chennai
Fairfax India Holdings Corporation has made regulatory filings with the Canadian securities regulator, as it seeks to offer up to $1.5 billion as debt, equity or other securities over a 25-month period.

The company has filed a final short form base shelf prospectus with the Canadian securities regulatory authorities in connection with its $1.5 billion universal shelf renewal. 

"The shelf prospectus renewal allows Fairfax India to offer from time to time over a 25-month period up to $1.5 billion of debt, equity or other securities," the company said. "Should Fairfax India offer any securities, it will make a prospectus supplement available that

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