Vedanta Resources CEO, Deshnee Naidoo, dismissed the Viceroy Research report, stating it contains information already disclosed.
Vedanta has actively reduced its debt over the past three years and refuted the claims made in the report, denouncing it as selective misinformation.
Naidoo highlighted Vedanta's strategic focus on demerger, diversification, and deleveraging for long-term value creation, with plans for significant capital expenditure.
Vedanta has been declared the preferred bidder for five composite mineral blocks, maintains a stable workforce, and has minimal revenue exposure to the US.