Vedanta Ltd has strongly refuted allegations made in a recent report by the Viceroy Research Group, calling the publication “malicious, misleading, and riddled with misinformation.” The natural resources conglomerate asserted that the timing of the report is “deeply suspect” and appears aimed at discrediting the company and its group entities.In an official statement, Vedanta said, “We are fully focused on our business growth trajectory, driven by strong fundamentals and global opportunities. We urge all stakeholders to avoid engaging in baseless speculation that only serves to create unnecessary confusion.”The company underscored its expansive global footprint in critical sectors, including minerals, metals, energy, and technology. It also reiterated its ambitious commitment to achieving net-zero emissions by 2050, reflecting its broader ESG (Environmental, Social, and Governance) priorities.While Viceroy’s report has raised eyebrows in financial circles, Vedanta’s firm and immediate response signals its intention to protect its corporate reputation and reassure investors. The company called on stakeholders to look beyond distractions and focus on its long-term value creation and sustainability roadmap.As market watchers await further developments, Vedanta remains adamant that its fundamentals are strong, and its strategic vision remains firmly on track.
Viceroy vs Vedanta: Report Sparks Controversy
Viceroy vs Vedanta: Report Sparks Controversy
