IFN.US Optional Dividend

INDIA FUND INC (IFN.US) has announced a dividend for record date holders of 05/19/2023. The dividend allows an option to receive payment of either stock or cash. Record date holders have until 06/08/2023 to submit elections. The default option for this dividend will pay stock.

The terms of the offer are as follows:

Option 1) HOLDERS TO RECEIVE STOCK (DEFAULT)

Option 2) HOLDERS TO RECEIVE CASH (DTC Cash Rate: 0.39 USD)

***No response is required for holders choosing Option 1 ***

The deadline for electing will be 2023/06/08 @ 16:00 (HONG KONG TIME GMT+8).

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number –
2. Name - (In Chinese or English)
3. Stock code – IFN.US
4. Options - (1) or (2)

Note to applicants:
1. If shareholders holding 1 share or less of IFN.US, they cannot participate in related corporate actions.
2. Option 1 is the default option. We will help clients to choose option 1 if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company
shall prevail.

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