{"id":499605,"date":"2021-05-27T17:10:11","date_gmt":"2021-05-27T21:10:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/"},"modified":"2021-05-27T17:10:11","modified_gmt":"2021-05-27T21:10:11","slug":"the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/","title":{"rendered":"The India Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PHILADELPHIA<\/span>, <span class=\"xn-chron\">May 27, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3178936-2&amp;h=2100558117&amp;u=http%3A%2F%2Fwww.aberdeenifn.com%2F&amp;a=The+India+Fund%2C+Inc.+(the+%22Fund%22)\" rel=\"nofollow noopener\">The India Fund, Inc. (the &#8220;Fund&#8221;)<\/a>\u00a0(NYSE: IFN)\u00a0held its Annual Meeting of Shareholders (the &#8220;Meeting&#8221;) on <span class=\"xn-chron\">May 27<\/span>, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect two Class I Directors to the Board of Directors and to approve the continuation of the term of one Director under the Fund&#8217;s Corporate Governance Policies.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.jpg\" title=\"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. (PRNewsFoto\/Aberdeen Asset Management Inc.)\" alt=\"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. (PRNewsFoto\/Aberdeen Asset Management Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>As of the record date, <span class=\"xn-chron\">April 12, 2021<\/span>, the Fund had outstanding 26,904,575 shares of common stock. 71.83% of outstanding common stock were voted representing a quorum. <\/p>\n<p>The description of the proposal and number of shares voted at the Meeting are as follows:<\/p>\n<p>To elect two \u00a0Class I Directors to the Board of Directors:<\/p>\n<div class=\"prntal\">\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\n              \n            <\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes For<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Against<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Abstained<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Alan Goodson <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16,526,131<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,660,628<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">140,074<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Jeswald Salacuse <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16,330,116<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,854,373<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">142,346<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>To approve the continuation of Term for one Director under the Corporate Governance Policies:<\/p>\n<div class=\"prntal\">\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n              \n            <\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes For<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Against<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Abstained<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Luis Rubio <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16,591,151<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,582,018<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">153,667<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>Also effective at the shareholder meeting on <span class=\"xn-chron\">May 27, 2021<\/span>, the term of <span class=\"xn-person\">Martin J. Gilbert<\/span> expired. The Board would like to extend its sincere gratitude to Mr. Gilbert and acknowledge the invaluable contributions that he made to the Fund during his tenure and wish him the best of success in all his future endeavours.\u00a0 Also effective at the shareholder meeting, the Board appointed <span class=\"xn-person\">Alan Goodson<\/span> to serve as a Class I Director. <\/p>\n<p>In <span class=\"xn-location\">the United States<\/span>, 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 (<span class=\"xn-location\">Asia<\/span>) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited.<\/p>\n<p>Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund&#8217;s investment return and principal value will fluctuate so that an investor&#8217;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&#8217;s portfolio. There is no assurance that the Fund will achieve its investment objective.<\/p>\n<p class=\"prntac\">If you wish to receive this information electronically, please contact <a target=\"_blank\" href=\"mailto:InvestorRelations@aberdeenstandard.com\" rel=\"nofollow noopener\">InvestorRelations@aberdeenstandard.com<\/a><\/p>\n<p class=\"prntac\">aberdeenifn.com<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH93318&amp;sd=2021-05-27\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors-301301326.html\">http:\/\/www.prnewswire.com\/news-releases\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors-301301326.html<\/a><\/p>\n<p>SOURCE  The India Fund, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH93318&amp;Transmission_Id=202105271707PR_NEWS_USPR_____PH93318&amp;DateId=20210527\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA, May 27, 2021 \/PRNewswire\/ &#8212;\u00a0The India Fund, Inc. (the &#8220;Fund&#8221;)\u00a0(NYSE: IFN)\u00a0held its Annual Meeting of Shareholders (the &#8220;Meeting&#8221;) on May 27, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect two Class I Directors to the Board of Directors and to approve the continuation of the term of one Director under the Fund&#8217;s Corporate Governance Policies. As of the record date, April 12, 2021, the Fund had outstanding 26,904,575 shares of common stock. 71.83% of outstanding common stock were voted representing a quorum. The description of the proposal and number of shares voted at the Meeting are as follows: To elect two \u00a0Class I Directors to the Board of Directors: Votes For Votes Against Votes &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The India Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-499605","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The India Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The India Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHILADELPHIA, May 27, 2021 \/PRNewswire\/ &#8212;\u00a0The India Fund, Inc. (the &#8220;Fund&#8221;)\u00a0(NYSE: IFN)\u00a0held its Annual Meeting of Shareholders (the &#8220;Meeting&#8221;) on May 27, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect two Class I Directors to the Board of Directors and to approve the continuation of the term of one Director under the Fund&#8217;s Corporate Governance Policies. As of the record date, April 12, 2021, the Fund had outstanding 26,904,575 shares of common stock. 71.83% of outstanding common stock were voted representing a quorum. The description of the proposal and number of shares voted at the Meeting are as follows: To elect two \u00a0Class I Directors to the Board of Directors: Votes For Votes Against Votes &hellip; Continue reading &quot;The India Fund, Inc. 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Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/","og_locale":"en_US","og_type":"article","og_title":"The India Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors - Market Newsdesk","og_description":"PR Newswire PHILADELPHIA, May 27, 2021 \/PRNewswire\/ &#8212;\u00a0The India Fund, Inc. (the &#8220;Fund&#8221;)\u00a0(NYSE: IFN)\u00a0held its Annual Meeting of Shareholders (the &#8220;Meeting&#8221;) on May 27, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect two Class I Directors to the Board of Directors and to approve the continuation of the term of one Director under the Fund&#8217;s Corporate Governance Policies. As of the record date, April 12, 2021, the Fund had outstanding 26,904,575 shares of common stock. 71.83% of outstanding common stock were voted representing a quorum. The description of the proposal and number of shares voted at the Meeting are as follows: To elect two \u00a0Class I Directors to the Board of Directors: Votes For Votes Against Votes &hellip; Continue reading \"The India Fund, Inc. Announces Results Of Annual Meeting Of Shareholders And Changes To Board Of Directors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-27T21:10:11+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-india-fund-inc-announces-results-of-annual-meeting-of-shareholders-and-changes-to-board-of-directors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The India Fund, Inc. 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