REG - abrdn New India IT. - Non Material Change to Investment Policy

Aberdeen New India Investment TrustAnnouncement

25/09/2025 10:00

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RNS Number : 8073A  abrdn New India Investment Trust  25 September 2025

25 September 2025

abrdn New India Investment Trust plc

Non-Material Change to Investment Policy

The Board of abrdn New India Investment Trust plc (the "Company") has agreed a
non-material change to the Company's investment policy that will enable the
investment manager to ensure that the weightings in the portfolio reflect
their conviction in the underlying stocks following recent changes to the MSCI
India Index constituents. The investment policy has been amended to allow an
increase in the permitted exposure to individual issuers relative to their
respective weighting in the MSCI India Index which is measured at the time an
investment is made. Currently, the investment restriction is the higher of (i)
10% of the Company's net assets or (ii) the individual issuer's weight in the
MSCI India Index (in sterling terms) plus 2%, although there is a maximum
permitted exposure to a single issuer of 20% of the Company's net assets at
all times. The Board has agreed to increase the percentage referred to in
paragraph (ii) to 'MSCI India Index (in sterling terms) plus 3.5%'. The
overarching single issuer limit of 20% of net assets remains unchanged.

The revised investment restriction is:

 "No individual issuer is expected normally to represent a greater weight in
the portfolio than the higher of (i) 10% of the Company's net assets or (ii)
the individual issuer's weight in the MSCI India Index (in sterling terms)
plus 3.5%, both as measured at the time of each investment, although there is
a maximum permitted exposure to a single issuer of 20% of the Company's net
assets at all times."

Enquiries:

For further information, please contact:

abrdn Holdings Limited

Secretaries

Email:  cef.cosec@aberdeenplc.com (mailto:cef.cosec@aberdeenplc.com)

 

LEI: 549300D2AW66WYEVKF02

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