Vedanta releases legal opinion from former CJI Chandrachud countering Viceroy Research allegations
Vedanta Ltd has made public a legal opinion from former Chief Justice of India, Justice D.Y. Chandrachud, in response to allegations raised in a report by Viceroy Research. The company disclosed the development to the stock exchanges on Thursday evening as part of its regulatory obligations.
The legal opinion—sought independently by the company—addresses the claims made in the Viceroy report, which had questioned corporate governance practices at Vedanta and its group entities. According to the company, the legal opinion 'effectively rebuts the allegations' and provides clarity on the legal and governance standing of the group.
In its filing, Vedanta stated:
'In compliance with Regulation 30 of the SEBI LODR Regulations, we wish to inform you that the Company has received an independent legal opinion from Hon'ble Mr. Justice D.Y. Chandrachud, Former Chief Justice of India, regarding the allegations made in the Viceroy Research report.'
The company further added that the legal opinion will be made available on its official website for public access, underscoring its commitment to transparency and corporate governance.
Read the full legal opinion here: https://nsearchives.nseindia.com/corporate/VEDL_18072025223921_VEDLSEIntimationLegalOpinion18July2025signed.pdf
This is the latest step by Vedanta to counteract concerns raised by external parties and comes amid heightened scrutiny of large conglomerates operating under complex holding structures.
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