India Fund (IFN) announces rights offering: 1 share per 3 rights held, record date April 18

ABERDEEN INDIA FUND, INC.

Board approves issuance of transferable rights to all common stockholders of record as of April 18, 2024, at one right per share.
Record date stockholders may subscribe for one new share for every three rights held (1-for-3) during subscription period through May 14, 2024.
Subscription price set at 92.5% of average closing price over five trading days through expiration, with floor at 93% of NAV if formula falls below.
Rights transferable and expected to trade on NYSE under symbol 'IFN RT' during offering period; over-subscription privilege available.

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