secwatch.observer — SEC 8-K summary
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Issuer:     ABERDEEN INDIA FUND, INC. (IFN)
CIK:        0000917100
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001104659-24-044586
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917100/000110465924044586/0001104659-24-044586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917100/000110465924044586/tm2411118d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-044586

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