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India Fund Inc IFN

The India Fund, Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund's investment objective is long-term capital appreciation, which the Fund seeks to achieve by investing primarily in the equity securities of Indian companies. Under normal market conditions, at least 80% of the Fund's total assets are invested in equity securities of Indian companies. The equity securities include common and preferred stock, (including convertible preferred stock), American, global, or other types of depositary receipts, or American Depositary Receipts (ADRs), convertible bonds, notes and debentures, equity interests in trusts, partnerships, joint ventures or similar enterprises and common stock purchase warrants and rights. The Fund invests in various sectors, including financials, information technology, consumer staples, materials, consumer discretionary, real estate, communication services, and others. The Fund's investment manager is abrdn Asia Limited.


NYSE:IFN - Post by User

India Fund Inc
Bullboard Posts
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Post by naibobon Jul 20, 2009 8:31pm
563 Views
Post# 16152345

Rights Offering

Rights OfferingWhat is the logic behind issuing rights when the Company has an annual buy-back of its units????
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities