Fairfax sells 3.2% stake in IIFL Finance for Rs 365 crore
Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday divested 3.2 per cent stake in IIFL Finance for Rs 365 crore through an open market transaction.
The scrip of IIFL Finance settled at Rs 316.25 on the BSE, up 2.36 per cent from the previous close. Image source: IIFL twitter handle