Kotak Bank Falls On Allegation It Set Up Fund To Short Sell Adani Enterprises
Shares of Kotak Mahindra Bank Ltd. fell on Tuesday after short-seller Hindenburg Research, in its response, alleged that Kotak Mahindra Investment Ltd. had created and oversaw an offshore fund structure to bet against Adani Enterprises Ltd.
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Jul 2, 2024
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Shares of Kotak Mahindra Bank Ltd. fell on Tuesday after short-seller Hindenburg Research, in its response, alleged that Kotak Mahindra Investment Ltd. had created and oversaw an offshore fund structure to bet against Adani Enterprises Ltd.
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