← Latest news 
Fairfax India to boost stake in IIFL Capital to 51 percent with 211 million investment
Business
Published on 7 May 2026
A 20 billion rupee deal reshapes control
Fairfax India plans to raise its stake in IIFL Capital to 51 percent, investing about 20 billion rupees. The capital infusion is expected to strengthen the firm’s financial base and fuel expansion across financial services. The move comes as brokerage and wealth management markets intensify competition, pushing players to scale and consolidate faster.
- Fairfax India will increase ownership in IIFL Capital to 51 percent
- The investment is set at about 20 billion rupees
- Funding aims to strengthen finances and support expansion
- Deal reflects rising competition in brokerages and wealth management
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times