The India Fund, Inc. Announces Rights Offering [Yahoo! Finance]
India Fund, Inc. (The) (IFN)
US:NYSE Investor Relations:
aberdeenifn.com
Company Research
Source: Yahoo! Finance
transferable rights ("Rights") to the holders of the Fund's common stock (the "Common Stockholders") of beneficial interest ("Common Stock") as of the record date, entitling the holders of those Rights to subscribe for Common Stock (the "Offer"). The Board, based on the recommendations and presentations of abrdn Asia Limited, the Fund's investment manager (the "Manager"), and others, has determined that it is in the best interests of the Fund and the Common Stockholders to conduct the Offer and seek to increase the assets of the Fund available for investment to take advantage of existing and future investment opportunities that are or may become available. The Offer seeks to provide an opportunity to existing Common Stockholders to purchase Common Stock at a discount to market price (subject to a sales load). The Fund will distribute to Common Stockholders of record as of the record date ("Record Date Stockholders"), which is currently anticipated to be April 18, 2024 (the "Record D
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Sec Filings
- 4/18/24 - Form 8-K
- 4/18/24 - Form 424B2
- 4/12/24 - Form 3
- IFN's page on the SEC website