adani hindenburg report

Kotak Group Fund on Hindenburg claims: ’Wasn’t aware that Hindenburg was partner of its investors’ | Mint

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Kotak Mahindra Bank on Tuesday clarified that Hindenburg Research was never a client of Kotak group’s K- India Opportunities Fund Ltd. (KIOF) and Kotak Mahindra International Limited (KMIL) and that the fund was never aware of it being a partner of any of its investors. The clarification comes after the US short-seller Hindenburg had earlier … Read more

Adani-Hindenburg Case: Kotak Bank created, oversaw fund used to bet against Adani, claims US short-seller | Mint

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Kotak Mahindra Bank and the brokerage firms founded by Uday Kotak created and oversaw the offshore fund structure used by the investor partner of US-based short-seller Hindenburg to bet against Adani group stocks, Hindenburg Research said. In a blog post, Hindenburg Research commented on the show-cause notice it received from Indian capital markets regulator Securities … Read more