Kingdon

Adani-Hindenburg saga: Have side roles come to light?

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The list of dramatis personae in the drama that unfolded after Hindenburg’s report of 24 January 2023 on the Adani Group has grown. Online searches for ‘Kingdon Capital Management’ and ‘Kotak India Opportunities Fund Class F’ surged this week on news of the American short-seller’s reaction to a show-cause notice sent by the Securities and … Read more

Mint Explainer: Hindenburg’s response to Sebi notice following report on Adani

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The Adani group denied all the allegations, but shareholders were rattled as the stock price tumbled over the next three months. The value of the 10 listed Adani Group entities declined by $150 billion in the three months after Hindenburg published its report.  According to the notice, Hindenburg inked an agreement with its investor, Kingdon Capital … Read more