If even half of that is accurate, that is concerning. Viceroy brought up the inter-company debt cycle and cash flow recycling, which seem like major governance red flags. Before taking any action, investors should wait for regulatory scrutiny and auditor reactions.
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Just wild guessing without looking at any data - maybe market already knows promoters are crooks and had priced it as best as possible for that. And now that this is coming out, maybe it will be put to a stop. Money wont easily be taken out by promoters and that’s good for the company. The debt issue is at the parent company.
Unexplained trends often move well in my limited experience and from what i heard too.
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Now they exposed that even the display business is a failure, Avanstrate has generated persistent losses, consumed shareholder capital, and ultimately left Vedanta holding a structurally insolvent business with no commercial future.
All these years, the dark side has been hidden by the group, and it is still taking so long to get the market cleaned.
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Creditors won’t approve Vedanta acquiring JAL, I’m not surprised that Adani will take it eventually
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Funding is a lie? IPO is a smoke screen. New way to create a shell entity, now in the US. 
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The 2% increase today is on a lie???
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ESL debt is used to pay the parent level debt, classic Vedanta resources again, sucking subsidiaries, is that why the shares are falling today?