[ad_1] New Delhi, Jul 19 (PTI) US quick vendor Viceroy Analysis’s report on the Vedanta Group “lacks credibility” and the agency can be well-placed to hunt authorized treatments, former chief justice of India D Y Chandrachud has mentioned. Justice Chandrachud’s comment got here after Vedanta sought an unbiased authorized opinion from the previous chief justice … Read more
[ad_1] Mining big Vedanta Ltd rejected Viceroy Analysis’s allegations concerning the firm’s subsidiary Vedanta Semiconductors Pvt. Ltd (VSPL) routing ₹2,500 crore loans in a ‘sham operation’, stating that the mortgage transactions have been executed in full compliance with the relevant legal guidelines, reported the information company PTI on Sunday. Additionally Learn | ‘Vedanta has so … Read more
[ad_1] Mumbai: US-based short-seller Viceroy Evaluation has disputed former Chief Justice of India D.Y. Chandrachud’s licensed opinion on its allegations of financial misconduct and misrepresentation in opposition to Vedanta Group. Viceroy argued that Chandrachud’s licensed opinion did not reply questions raised by it near dividend funds and alleged financial mismanagement on the mining and minerals … Read more
[ad_1] American short-seller Viceroy Analysis on Wednesday stated that the promoters of the Vedanta Group have been “siphoning margins” from listed group firm Hindustan Zinc Ltd (HZL) by supplying commodity items to it at inflated costs on an unique foundation. It alleged that Minova Runaya Pvt. Ltd (Mrpl), a 49% promoter-owned entity, has an unique … Read more
[ad_1] The entity under scrutiny is PTC Cables Pvt. Ltd (PTCC), which holds a 1.91% stake in Vedanta Ltd, a company with a market capitalization of ₹1.75 trillion, according to BSE data. PTCC is owned by Bhadram Janhit Shalika Trust (BJST), which Viceroy alleges is controlled by the Agarwal family, founders of the Vedanta Group. … Read more
[ad_1] Mumbai/Bengaluru: Thirty months after the shock Hindenburg report on Adani Group, New York-based short-seller Viceroy Research took aim at billionaire Anil Agarwal’s Vedanta Resources Plc, calling his mining and minerals conglomerate a Ponzi scheme. Founded in 2016 by British short-seller Fraser John Perring along with Gabriel Bernarde and Aiden Lau, Viceroy calls itself an … Read more
