Fairfax sells 51% stake in Saurashtra Freight to Japan Co. for Rs 662 crore
Fairfax India, the owner of Bengaluru International Airport, has sold its 51% stake in Saurashtra Freight for Rs. 662 crore to Japan’s Kamigumi Co. Ltd, according to a disclosure.
Fairfax India had purchased the stake for Rs. 200 crore in 2017.
Saurashtra Freight operates one of the largest container freight station yards at Mundra Port in Gujarat.
