<h1>Short seller accuses mining group of being 'house of cards' with unsustainable debt and financial misconduct</h1> A US short seller accused a mining group of being a 'house of cards' built on unsustainable debt, alleging the parent company systematically drains cash from its Indian subsidiary through excessive dividends and artificial fees. The firm claimed the group shows signs of financial misconduct, including undisclosed debt and inflated asset values. The accused company dismissed the allegations as 'baseless misinformation' aimed at market manipulation, noting the report's timing before an annual shareholder meeting was suspicious. Following the report's release, the company's stock fell 6% initially but recovered to close down 3.4%.