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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-18 18:34:00 UTC

Vedanta (VEDL)
on NSE: XXXXXX (+0.33%)

Crisil and ICRA Reaffirm Vedanta's Credit Ratings, Dismissing Short-Seller Concerns

View: Positive

Crisil and ICRA have reaffirmed their credit ratings for Vedanta Limited, countering recent allegations by US short-seller Viceroy Research. Crisil maintained its 'CRISIL AA / Watch Developing / CRISIL A1+' ratings for Vedanta and 'AAA' for Hindustan Zinc. ICRA reaffirmed its 'ICRA AA / Watch Developing / ICRA A1+' ratings. Both agencies conducted independent evaluations, finding no adverse reactions from lenders or investors. ICRA noted Vedanta's improved leverage ratio and healthy profitability in aluminium and zinc operations. The company's management dismissed the short-seller's claims as baseless, and Vedanta obtained an independent legal opinion to address the allegations.

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