March 29 (Reuters) - Fairfax India Holdings Corp FIHu.TO :
* FAIRFAX INDIA COMPLETES INVESTMENT IN SEVEN ISLANDS SHIPPING LIMITED
* FAIRFAX INDIA HOLDINGS CORP - HAS INVESTED ABOUT INR 5.0 BILLION (ABOUT $72.1 MILLION AT CURRENT EXCHANGE RATES) IN SEVEN ISLANDS SHIPPING LIMITED
* FAIRFAX INDIA HOLDINGS CORP - INVESTMENT WAS COMPLETED THROUGH A DIRECT SUBSCRIPTION AND SECONDARY ACQUISITION OF SEVEN ISLANDS SHARES
* FAIRFAX INDIA HOLDINGS CORP - FOLLOWING COMPLETION OF VARIOUS TRANSACTIONS, FAIRFAX INDIA OWNS 41.4% OF SEVEN ISLANDS