PHILADELPHIA, May 27, 2020 /PRNewswire/ -- The India Fund,
Inc. (the "Fund") (NYSE: IFN) held its Annual Meeting of
Stockholders (the "Meeting") on May
27, 2020. At the Meeting, stockholders of the Fund
voted to elect two Class II Directors to the Board of Directors,
each to hold office until the 2023 Annual Meeting of Stockholders
or thereafter until his or her successors are elected and
qualify.
As of the record date, March 26,
2020, there were 26,904,575 outstanding shares of the
Fund. 75.1% of outstanding shares were voted at the meeting,
representing a quorum.
The description of the proposal and number of shares voted at
the Meeting are as follows:
To elect two Class II Directors to the Board of Directors:
|
Class II
|
Votes For
|
Votes
Against
|
Abstain
|
|
Nisha
Kumar
|
17,855,129
|
1,997,140
|
339,185
|
|
Luis Rubio
|
17,619,028
|
2,336,880
|
235,549
|
Directors whose terms of office continue beyond the Meeting are
as follows: Martin Gilbert,
Nancy Yao Maasbach, Jeswald Salacuse and Hugh Young.
In the United States, Aberdeen
Standard Investments is the marketing name for the following
affiliated, registered investment advisers: Aberdeen Standard
Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard
Investments Australia Ltd., Aberdeen Standard Investments
(Asia) Ltd., Aberdeen Capital
Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC
and Standard Life Investments (Corporate Funds) Ltd.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment return and principal
value will fluctuate so that an investor's shares may be worth more
or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the NAV of the fund's
portfolio. There is no assurance that the Fund will achieve its
investment objective. Past performance does not guarantee future
results.
If you wish to receive this information electronically, please
contact Investor.Relations@aberdeenstandard.com
aberdeenifn.com
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SOURCE The India Fund, Inc.
