Morgan Stanley India Investment Fund, Inc. Announces Final Results of Tender Offer

NEW YORK--(BUSINESS WIRE)--Morgan Stanley India Investment Fund, Inc. (NYSE: IIF) (the “Fund”) announced today that, in accordance with the Fund’s tender offer for up to 1,997,600 of its issued and outstanding shares of common stock, which expired at 11:59 p.m. New York time on July 17, 2020, the Fund has accepted 1,997,600 shares for payment on July 24, 2020 at $19.44 per share, which is equal to 98.5 percent of the Fund’s net asset value per share as of the close of regular trading on the New York Stock Exchange on July 20, 2020. The 1,997,600 shares represent 15 percent of the Fund’s outstanding shares. A total of 8,430,735 shares were properly tendered and not withdrawn by July 17, 2020, the final date for withdrawals. Therefore, on a pro rata basis, approximately 22.75 percent of the shares so tendered by each tendering stockholder have been accepted for payment.

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 714 investment professionals around the world and $665 billion in assets under management or supervision as of June 30, 2020. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.

Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.