Viceroy Analysis has issued a report claiming billionaire Agarwal’s mining conglomerate as “financially unsustainable” and poses critical danger to collectors. | Picture credit score: Reuters
Supreme Court docket Choose Ok Vinod Chandran (September 8, 2025) refused to listen to a plea searching for course to authorities to analyze the analysis of the US short-selling Vice President, which mentioned that billionaire Anil Agarwal’s mining conglomerate is “economically unsustainable” and poses critical dangers to collectors.
In warning of Choose Chandran’s rehearsal, the bench has postponed the plea filed by India’s Supreme Court docket Justices Br Gavai and Atul Chandurkar by supporters Shakti Bhatia.
Bhatia allegedly independently supported a number of the Viceroy Report, notably with regard to personal associated social gathering transactions, by reviewing MCA21 submissions, SEBI disclosures and Company File Registrar.
The petition filed that sure high-value transactions haven’t been declared as associated events and haven’t been declared to be shareholder approval as required.
Viceroy Analysis has issued a report claiming billionaire Agarwal’s mining conglomerate as “financially unsustainable” and poses critical danger to collectors. It goals to discredit the group’s allegations that the group calls “selective misinformation and unfounded.”
Viceroy mentioned it was shorting the debt stack of Vedanta Sources, the mother or father firm and majority proprietor of mother or father firm Mumbai Checklist Vedanta Ltd., attributable to its launch of an 85-page report.
Debt brief circuits, also referred to as brief promoting bonds, are buying and selling methods through which buyers think about making the most of falling costs on bonds and different debt devices. Borrow the bond, promote it on the present market value, then purchase it later at a doubtlessly lower cost to return to the lender, pocketing the distinction as revenue.
Calling Vedanta Sources Ltd (VRL) “heavy and debt-based mother and father,” Viceroy mentioned, “your complete group construction is financially unsustainable, operationally violated and poses a critical, undervalued danger to collectors.”
