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Many red flags, it will take people some time to digest'
July 10, 2025
|Mint Mumbai
There are no coercive or malicious events surrounding the time of our report. FRASER PERRING Founder, Viceroy Research
Fraser Perring, a British short-seller and founder of Viceroy Research, caused a stir in the markets with a critical report on Anil Agarwal's Vedanta Resources Ltd. The report, published during market hours, saw Vedanta shares tumble before they partially recouped their losses to end 3.38% lower. In a phone interview from the UK, Perring said there is "more to come", adding that "there are so many red flags" that "it will take people some time to digest this".
I don't know where the counter-party is.
What made you look at Vedanta, the first Indian firm from the 30 on which you've published reports in the past nine years?
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