K- India Opportunities Fund Ltd. (KIOF), a SEBI registered Foreign Portfolio Investor, addressed ongoing regulatory scrutiny by affirming its compliance with all applicable laws and regulatory requirements. Established in 2013 under the oversight of the Financial Services Commission of Mauritius, KIOF facilitates foreign investments into India while strictly adhering to rigorous KYC procedures for client onboarding.
Responding to recent allegations, a spokesperson from Kotak Mahindra International Limited (KMIL), associated with KIOF, clarified that Hindenburg has never been a client nor an investor in the Fund. The statement emphasized that KIOF was unaware of any partnership involving Hindenburg with its investors. KMIL further confirmed receiving a declaration from the Fund’s investor affirming that investments were made independently, without representation of any third party.In light of these developments, KIOF reaffirmed its commitment to transparency and cooperation with regulatory authorities, underscoring its proactive approach to regulatory compliance.
Additionally, the Kolkata market continues to play a pivotal role in India’s financial landscape, attracting both domestic and international investors with its vibrant trade environment and strategic location.
