Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
April 21, 2023 at 06:02 pm
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TORONTO, April 21, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (the “Company”) (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 20, 2023 Annual Shareholders’ Meeting.
Each of the nominee directors listed in the Company’s management proxy circular dated March 10, 2023 was elected as a director. The voting results for the eleven directors nominated for election are set forth in the table below:
Name of Nominee
Vote For (Aggregate)
%
Vote Against (Aggregate)
%
Christopher D. Hodgson
1,556,067,756
99.78
3,472,984
0.22
Sharmila Karve
1,559,456,053
99.99
84,687
0.01
Sumit Maheshwari
1,559,491,947
100.0
48,793
0.00
R. William McFarland
1,559,432,258
99.99
108,482
0.01
Deepak Parekh
1,545,383,686
99.09
14,157,054
0.91
Satish Rai
1,559,483,347
100.0
57,393
0.00
Chandran Ratnaswami
1,559,458,885
99.99
81,855
0.01
Gopalakrishnan Soundarajan
1,559,489,347
100.0
51,393
0.00
Lauren C. Templeton
1,559,486,747
100.0
53,993
0.00
Benjamin P. Watsa
1,559,479,245
100.0
61,495
0.00
V. Prem Watsa
1,558,086,885
99.91
1,453,855
0.09
About Fairfax India
Fairfax India is an investment holding company whose objective is to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.
Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. The Company makes its investments either directly or through one of its wholly owned subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius) and FIH Private Investments Ltd (FIH Private). The Company, through its subsidiaries, holds investment in the Bangalore International Airport Limited, Sanmar Chemicals Group, Seven Islands Shipping Limited, and more. The Company's portfolio manager is Hamblin Watsa Investment Counsel Ltd.