{"id":41432,"date":"2025-07-09T11:35:19","date_gmt":"2025-07-09T11:35:19","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/09\/vedanta-shares-slide-upto-8-after-us-based-short-seller-labels-group-a-ponzi-scheme\/"},"modified":"2025-07-09T11:35:19","modified_gmt":"2025-07-09T11:35:19","slug":"vedanta-shares-slide-upto-8-after-us-based-short-seller-labels-group-a-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/09\/vedanta-shares-slide-upto-8-after-us-based-short-seller-labels-group-a-ponzi-scheme\/","title":{"rendered":"Vedanta shares slide upto 8% after US-based short seller labels Group a \u2018Ponzi Scheme\u2019"},"content":{"rendered":"
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Shares of Vedanta Ltd plunged as much as 8% intraday on July 9, before paring some losses, after US-based short seller Viceroy Research issued a scathing report on its parent Vedanta Resources. <\/p>\n

The note called the group “financially unsustainable, operationally compromised, and resembling a Ponzi scheme.”<\/p>\n

At the time of writing, Vedanta shares were trading 3.5% lower at \u20b9439.60 on the NSE, while Hindustan Zinc Ltd \u2014 another group company \u2014 was down 2.6% at \u20b9424. <\/p>\n

Viceroy Research is known for its investigations into major corporate scandals, including Wirecard and Steinhoff. <\/p>\n

Viceroy\u2019s allegations on Vedanta<\/h2>\n

Viceroy\u2019s central claim is that Vedanta Resources, the UK-based holding company controlled by Anil Agarwal, is “a parasite holding company with no significant operations of its own, propped up entirely by cash extracted from its dying host: Vedanta Ltd.”<\/p>\n

“This creates a self-destructive feedback loop,” the report said, alleging that Vedanta Ltd’s equity \u2014 used as collateral for Vedanta Resources’ borrowings \u2014 is being compromised by the group’s financial practices.<\/p>\n

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Viceroy<\/span><\/div>\n
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@viceroyresearch<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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Vedanta \u2013 Limited Resources<\/p>\n

Viceroy is short of Vedanta Resources (PropCo), the heavily indebted parent & majority owner of Vedanta Limited (NSE : VEDL). The group structure is financially unsustainable, operationally compromised, & resembles a Ponzi scheme. <\/span>$VEDL<\/a> 1\/<\/span><\/p>\n

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12:00 pm \u00b7 9 Jul 2025<\/a><\/a><\/div>\n
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79<\/span><\/a><\/p>\n

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