<h1>SEBI Warns Vedanta for Related-Party Transactions Without Audit Committee Approval; Urges Compliance to Avoid Future Issues.</h1> The Securities and Exchange Board of India (SEBI) has issued a warning to Vedanta Ltd for conducting related-party transactions worth Rs. 1,407 crore without obtaining prior approval from the audit committee. SEBI emphasized that such transactions require pre-approval as per regulations, and any future violations will lead to serious consequences. The transactions were later ratified, but SEBI found this explanation insufficient. Additionally, Vedanta was criticized for delayed disclosure of a board meeting outcome. The company has been instructed to present SEBI's letter to its board and ensure compliance with all regulatory provisions. Vedanta has committed to adhering to these regulations.