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

PHILADELPHIA, June 21, 2017/PRNewswire/ -- The India Fund, Inc. (the "Fund") (NYSE: IFN) held its Annual Meeting of Stockholders (the "Meeting") on June 21, 2017.  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 2020 Annual Meeting of Stockholders or thereafter until his successor is elected and qualified. 

As of the record date, April 28, 2017, there were 28,403,610 outstanding shares of the Fund.  80.50% 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:

Directors whose terms of office continue beyond the Meeting are as follows: Jeswald W. Salacuse, Martin Gilbert, Nisha Kumar, Hugh Young and Nancy Yao Maasbach.

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.

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SOURCE The India Fund, Inc.