PHILADELPHIA, April 2, 2015 /PRNewswire/ -- The India
Fund, Inc. (NYSE: IFN) and The Asia Tigers Fund, Inc. (NYSE: GRR)
(collectively the "Funds"), each a closed-end equity fund,
announced today that Lawrence K.
Becker has decided to resign from the Funds and will not
stand for re-election as a Director at the forthcoming Annual
Meeting of Stockholders of The India Fund, Inc. The
resignations are expected to be effective no later than
June 18, 2015.
Mr. Jeswald Salacuse, Chairman
of the Funds, commented: "On behalf of the Boards of
Directors, I would like to thank Mr. Becker for his valuable
contributions to the Funds during his time on the Boards and wish
him the best of success in the future."
Important Information
Closed-end funds are traded on the secondary market through one
of the stock exchanges. Each 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 either
Fund will achieve its investment objective.
If you wish to receive this information
electronically, please contact
InvestorRelations@aberdeen-asset.com
aberdeenifn.com
aberdeengrr.com
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SOURCE The India Fund, Inc.; The Asia Tigers Fund, Inc.