Fairfax Commits US$5 Million (INR 37 Crore) to Provide COVID-19 Pandemic Relief in India
TORONTO, April 28, 2021 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces, together with the Fairfax India Charitable Trust and Fairfax India Holdings Corporation, a commitment of US$5 million (approximately INR 37 crore) to fund initiatives to assist India with the recent surge in COVID-19 cases and the urgent needs created thereby. The first proposed initiative is to coordinate with our investee companies, Quess Corp Limited and Bangalore International Airport Limited, to work with the local government to rapidly create emergency hospital facilities using the expertise of Dexterra Group, a Fairfax investee company in Canada.
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