Vedanta rejects Viceroy Research’s ₹2,500 crore loan routing claim, says ‘executed in full compliance…’
Vedanta Ltd, the mining giant, rejected Viceroy Research’s claims about Vedanta Semiconductors PVT, a company’s subsidiary. LTD (VSPL) Routing LaIn a ‘false operation’ 2,500 Crore credit, credit transactions are fully carried out in accordance with the valid laws reported that the news agency. PTI 20 July 2025 Sunday.
“Vedanta Semiconductors Pvt Ltd (VSPL) strongly rejects the basic claims made in the report on Vedanta,” Vedanta said. “All commercial activities of VSPL have been disclosed in a transparent way and compatible with legal norms,” the company said.
Company spokesman, news agency Vedanta Ltd. and VSPL said that the right transaction conditions, rates and collaterals ‘constantly reported’ according to compulsory norms.
A farewell spokesman, “The loans between VSPL and Vedanta LTD continuously reported the right credit conditions, interest rates and collaterals of the laws, corporate governance standards, and both Vedanta LTD and VSPL’s legal norms.”
It was also reported that the company also asked stakeholders to rely on confirmed explanations and supervised financial statements. On July 9, 2025, Viceroy Research announced a short time against the debt of Vedanta Resources, the mother -of -the -Indian giant giant, which the company claimed to have “systematically evacuated”.
Viceroy Research’s claims
US -based short vendor Viceroy Research, Vedanta Ltd in the latest development regarding the claim that Vedanta Ltd is directed under the pressure of payment of brand fees La2,500 CRORE
“Brand fees under the pressure of payment, Vedl is a La2,500 CRORE CREDITS THROUGH A COMPANY La416 In the Sham operations, Crore is not visible to the organizers in hope, ”Viceroy Research said in his last report,“ Vedanta – Vedanta Semiconductor: LaOn Friday, July 18, 2025, 2,500 Crore Dhoke Ka Sammraajy ”.
The report also claimed that VSPL was a “fake commodity trade operation” designed to prevent the classification of coming under an out -of -bank financial company (NBFC).
“We believe that Vedanta Semiconductors Private Limited (VSPL), a subsidiary of Vedanta Limited (VEDL), is a false commodity trade operation designed to incorrectly prevent classification as an out -of -bank financial company (NBFC),” he said.
They also claimed that the alleged loan guidance was designed to facilitate the brand fees transfer to the parent company when Vedanta encountered a serious liquidity crisis.
“This plan was designed to facilitate brand wages in Vedl’s farewell sources’ (VRL) when he faced a serious liquidity crisis in April 2025,” Viceroy said.
Viceroy’s strike to Indian organizers
According to the report published on Friday, the short seller claims that Vedanta Semiconductors Private Limited needs a 24 -month or 2 -year “operational illusion” to fulfill its dues to the open marine lenders and to hide a “close sorrow”.
They also said that the credit rating analysts postponed them through ‘alarm bells” Indian organizers’ famous light travers’.
“The operational illusion of VSPL needs a 24 -month regulatory silence to fulfill its purpose, pays down the open marine loans and hides the catastroph of April 2024. Although credit analysts postpone them through alarm bells, India’s organizers are famous lightly sleeping.”
In April 2024, the company faced a serious liquidity crisis. It was claimed that the loans were used to finance the May dividend issue and not to pay brand fees.
In the research report, “It was aimed to use the loan to send brand fees, but when the JPM sold the debt in the market, they were already paid, so that the loan was used to finance the May dividend.” “In response, VEDL has revised VSPL as a zero margin trade asset, not as a semiconductor attempt, but its operations that seem to be entirely a paper -based commodity trade.”
Vedanta stock price is 0.33% higher LaAfter Friday’s stock market session, 445.70, LaAccording to BSE data, 444.25 The previous Sunday is closing.
