<ul data-eligibleForWebStory="false"><li>Short seller Viceroy Research labeled Vedanta Resources Ltd. a 'parasite' holding company with a financially unsustainable and operationally compromised group structure.</li><li>Viceroy highlighted that Vedanta Resources systematically drains Vedanta Ltd. to service its own debt burden, resembling a Ponzi scheme and putting the entire group at risk of insolvency.</li><li>The short seller's report revealed significant discrepancies in the Vedanta group's operations, raising concerns of fraud and painting a grim financial outlook for the conglomerate.</li><li>Vedanta Resources shares plunged over 7% following the report, indicating market concerns over the company's financial sustainability and creditor risks.</li></ul>

Vedanta Resources A 'Parasite' Says Viceroy Research — Read Full Report By Short Seller

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