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The India Fund, Inc. Announces Results Of Annual Meeting Of Stockholders

IFN

PR Newswire

PHILADELPHIA, June 23, 2016 /PRNewswire/ -- The India Fund, Inc. (the "Fund") (NYSE: IFN) held its Annual Meeting of Stockholders (the "Meeting") on June 22, 2016.  At the Meeting, stockholders of the Fund voted to elect one Class I Director and three Class III Directors to the Board of Directors, each to hold office until the 2018 and 2019 Annual Meeting of Stockholders, respectively, or thereafter until his or her successor is elected and qualified. 

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment.

As of the record date, April 29, 2016, there were 29,023,958 outstanding shares of the Fund.  77.16% 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 one Class I Director and three Class III Directors to the Board of Directors:


Votes For

Votes Against

Abstain

Class I




Nisha Kumar

20,940,029

963,181

490,643

Class III




J. Marc Hardy

19,001,184

2,898,714

493,955

Hugh Young

19,139,028

2,758,282

496,543

Nancy Yao Maasbach

20,957,329

991,886

444,640

Directors whose terms of office continue beyond the Meeting are as follows: Jeswald W. Salacuse, Martin Gilbert, Stephane R. F. Henry, Luis F. Rubio, and Leslie H. Gelb.

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 net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

aberdeenifn.com

Logo - http://photos.prnewswire.com/prnh/20121106/NE07292LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-india-fund-inc-announces-results-of-annual-meeting-of-stockholders-300289625.html

SOURCE The India Fund, Inc.