Financial Irregularities

[Miss Firing]

All news pertaining to SEBI, financial irregularities, stock manipulations, etc could be posted here.

Saga continues.

Kotak Bank Created, Oversaw Offshore Fund Structure Used By Our Investor Partner To Bet Against Adani: US Short-Seller Hindenburg

Kotak Mahindra Bank, a prominent private sector lender and brokerage firm founded by Uday Kotak, created and oversaw the offshore fund structure used by an investor partner of US-based Hindenburg Research to short Adani stocks, according to an update from the short-seller on Tuesday (2 July)

swarajyamag.com

Kotak Bank Created, Oversaw Offshore Fund Structure Used By Our Investor Partner To Bet Against Adani: US Short-Seller Hindenburg​

https://www.business-standard.com/markets/news/hindenburg-receives-show-cause-notice-from-sebi-over-adani-issue-124070200059_1.html

Hindenburg receives show cause notice from Sebi over Adani issue​

US-based short seller Hindenburg Research has said that it received a "show cause" notice from the Securities and Exchange Board of India (Sebi) on June 27 "outlining suspected violations of Indian regulations" and alleged that the regulator came to Adani Group's aid after the January 2023 report was released. "Our understanding from discussions with sources in the Indian market is that Sebi's surreptitious aid of Adani commenced almost immediately post-publication of our January 2023 report," it said in a blog post on Tuesday.

https://www.telegraphindia.com/business/sebi-slaps-show-cause-notice-on-hindenburg-us-firm-terms-it-nonsense/cid/2030916

SEBI slaps show cause notice on Hindenburg, US firm terms it 'nonsense'​

Adani case: Kotak Mahindra Bank shares drop 2% as lender's name emerge in Hindenburg's Sebi response

Hindenburg Research in 2023 said it held short positions in Adani Group companies through US-traded bonds and non-Indian-traded derivative instruments but did not disclose the size of its bets.

www.businesstoday.in

Adani case: Kotak Mahindra Bank shares drop 2% as lender's name emerge in Hindenburg's Sebi response​

 

[Blademaster]

Hindenberg Research needs to be hauled into court. It cannot hide behind US jurisdiction and willy nilly attack Indian institutions and slander them without any concrete evidence of proof.

 

[Miss Firing]

Owner of Kingdon Capital allegedly used Kotak to short sell Adani, his wife was probed in US for harbouring Chinese spies: Hindenburg fiasco was ‘Revenge’ for Haifa Port?​

Mark Kingdon is the founder and owner of Kingdon Capital. His wife Anla Cheng is a senior partner at private equity firm Sino-Century and founder of the New York-based news platform SupChina. Anla Cheng is facing an investigation on allegations that SubChina harboured Chinese Communist Party agents.

Adani, Hindenburg and Kingdon Capital - Is there a China connection over an Israeli port?

After SEBI revealed that Kotak Mahindra and Kingdon Capital partnered to orchestrate a strategic move to benefit from short-selling Adani stocks, a China link has emerged. | OpIndia News

www.opindia.com

 

[Miss Firing]

Biggest Proof Of Fixed Match? Hindenburg Show-Caused Over Adani Report

US short-seller Hindenburg Research, whose report critical of the Adani Group led to a massive stock rout last year, had shared an advanced copy with a client two months before publishing it, said the Indian markets regulator.

www.ndtv.com

Biggest Proof Of Fixed Match? Hindenburg Show-Caused Over Adani Report​

The SEBI notice details how a hedge fund manager and a broker tied to Kotak Mahindra Bank profited from the rout in the market value of Adani firms.​

Collusion, planning to attack Adani for profits? Hindenburg shared report on Adani with China-linked hedge fund 2 months before publication: SEBI notice reveals​

The SEBI notice highlights that Hindenburg Research used 'non public' and misleading information about the Adani Group to create a panic in the Indian stock market.

Hindenburg shared its report on Adani with Mark Kingdon 2 months prior to publication, colluded for profits: SEBI notice

As per reports, Hindenburg had shared its report on Adani with their client two months prior to publication, enabling them to obtain 'unfair' profits from the stock price movements in a brokered deal using the report. | OpIndia News

www.opindia.com