New Delhi, March 29 -- Vedanta Chairman Anil Agarwal has taken to social media to criticise lenders after his group failed to secure the Jaiprakash Associates Ltd. assets, despite submitting what he says was a higher offer.

In a post on X, Agarwal referring to learnings from Gita said he held no attachment to the asset but questioned the process.

"Recently, the asset went into a public auction by CoC in the IBC process. Many strong bidders participated. Suddenly, the sentiment and wishes of Jaiprakash Gaur ji came rushing back to me. One by one, everyone dropped out of the bidding. Finally, we were declared the highest bidder publicly. It was a transparent process. We were informed in writing that we had won. But life is never so simple...