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Vedanta – 62 Unanswered Questions for the Company and Management

Author: Published on: Published in: Vedanta (NSE:VEDL)

July 30, 2025 – Vedanta Limited’s (VEDL) Q1 FY26 earnings call arrives at a critical juncture. The Company has failed to answer mounting questions over governance failures, capital misallocation, and related-party transactions that appear to prioritize the liquidity needs of its promoter over the long-term interests of shareholders and creditors.

The Company’s operating foundation continues to erode with dividends outpacing free cash flow, unfinished projects languishing for capital, and critical assets encumbered to service offshore debt. This document sets out a focused set of questions for management and the Board, aimed at addressing the growing gap between narrative and reality and the urgent need for transparency, accountability, and reform.

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