‘Kotak fund wasn’t aware of Hindenburg’s relationship with its investor’
MUMBAI : Kotak Mahindra (International) Ltd, a unit of Kotak Mahindra Bank Ltd, said on Tuesday that Hindenburg Research has never been a client or investor in its K-India Opportunities Fund Ltd, which facilitated the shorting of Adani shares for Kingdon Capital Management, an investor partner of the US-based short seller. “The fund was never … Read more