{"id":683885,"date":"2022-09-12T07:13:08","date_gmt":"2022-09-12T11:13:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/igc-announces-results-of-its-2022-annual-stockholders-meeting\/"},"modified":"2022-09-12T07:13:08","modified_gmt":"2022-09-12T11:13:08","slug":"igc-announces-results-of-its-2022-annual-stockholders-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/igc-announces-results-of-its-2022-annual-stockholders-meeting\/","title":{"rendered":"IGC Announces Results of its 2022 Annual Stockholders Meeting"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>IGC Announces Results of its 2022 Annual Stockholders Meeting<\/b><\/p>\n<p>POTOMAC, Md.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nIndia Globalization Capital, Inc. (\u201cIGC\u201d or the \u201cCompany\u201d) (NYSE American: IGC) announces that during its Annual Meeting of Stockholders scheduled for and convened on September 9, 2022 (the \u201cAnnual Meeting\u201d), all proposals as disclosed on the Definitive Proxy Statement on Schedule 14A filed with the SEC on July 25, 2022, were passed by the requisite vote of the stockholders. Only stockholders of record on the record date of July 13, 2022 were entitled to and requested to vote at the Annual Meeting.\n<\/p>\n<p>\nAt the Annual Meeting, the following proposals were approved by the requisite vote of the stockholders: (i) the proposal to elect Mr. Ram Mukunda and Congressman James Moran to the Company\u2019s Board of Directors to serve as Class C directors until the 2025 annual meeting of stockholders and to elect Ms. Claudia Grimaldi to the Company\u2019s Board of Directors to serve as a Class A director until the 2023 annual meeting of stockholders; (ii) the proposal to ratify Manohar Chowdhry &amp; Associates, as the Company\u2019s independent registered public accounting firm for the 2023 fiscal year; and (iii) the grant of 3,000,000 shares of common stock to be granted from time to time to the Company\u2019s current and new employees, advisors, directors, and consultants by the Company Board of Directors, pursuant to certain metrics including performance, vesting, and incentive as set by the Company\u2019s Board of Directors and or the CEO.\n<\/p>\n<p><b>About IGC:<\/b><\/p>\n<p>\nIGC has two segments: Life Sciences and Infrastructure. The company is based in Maryland, U.S.A.\n<\/p>\n<p><b>Forward-looking Statements:<\/b> This press release contains forward-looking statements. These forward-looking statements are based largely on IGC\u2019s expectations and are subject to several risks and uncertainties, certain of which are beyond IGC\u2019s control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, the Company\u2019s failure or inability to commercialize one or more of the Company\u2019s products or technologies, including the products or formulations described in this release, or failure to obtain regulatory approval for the products or formulations, where required; general economic conditions that are less favorable than expected, including as a result of the ongoing COVID-19 pandemic; the FDA\u2019s general position regarding cannabis- and hemp-based products; and other factors, many of which are discussed in IGC\u2019s SEC filings. IGC incorporates by reference the human trial disclosures and Risk Factors identified in its Annual Report on Form 10-K filed with the SEC on June 23, 2022, as if fully incorporated and restated herein. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this release will occur.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220912005387r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220912005387\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220912005387\/en\/<\/a><\/span><\/p>\n<p>\nClaudia Grimaldi<br \/>\n<br \/>301-983-0998\n<\/p>\n<p><b>KEYWORDS:<\/b> Maryland United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> General Health Health Science Other Science Pharmaceutical<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220912005387\/en\/772499\/3\/IGC_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>IGC Announces Results of its 2022 Annual Stockholders Meeting POTOMAC, Md.&#8211;(BUSINESS WIRE)&#8211; India Globalization Capital, Inc. (\u201cIGC\u201d or the \u201cCompany\u201d) (NYSE American: IGC) announces that during its Annual Meeting of Stockholders scheduled for and convened on September 9, 2022 (the \u201cAnnual Meeting\u201d), all proposals as disclosed on the Definitive Proxy Statement on Schedule 14A filed with the SEC on July 25, 2022, were passed by the requisite vote of the stockholders. Only stockholders of record on the record date of July 13, 2022 were entitled to and requested to vote at the Annual Meeting. At the Annual Meeting, the following proposals were approved by the requisite vote of the stockholders: (i) the proposal to elect Mr. Ram Mukunda and Congressman &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/igc-announces-results-of-its-2022-annual-stockholders-meeting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IGC Announces Results of its 2022 Annual Stockholders Meeting&#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-683885","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IGC Announces Results of its 2022 Annual Stockholders Meeting - 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\/igc-announces-results-of-its-2022-annual-stockholders-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IGC Announces Results of its 2022 Annual Stockholders Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IGC Announces Results of its 2022 Annual Stockholders Meeting POTOMAC, Md.&#8211;(BUSINESS WIRE)&#8211; India Globalization Capital, Inc. (\u201cIGC\u201d or the \u201cCompany\u201d) (NYSE American: IGC) announces that during its Annual Meeting of Stockholders scheduled for and convened on September 9, 2022 (the \u201cAnnual Meeting\u201d), all proposals as disclosed on the Definitive Proxy Statement on Schedule 14A filed with the SEC on July 25, 2022, were passed by the requisite vote of the stockholders. Only stockholders of record on the record date of July 13, 2022 were entitled to and requested to vote at the Annual Meeting. 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