Vedanta gets Sebi warning for executing Rs 1,407 crore deal without audit panel approval

During the year ended March 31, 2021, the company had entered into a transaction for the sale of investments of Rs 1,407 crore with Hindustan Zinc as part of its treasury operations, for which prior approval from the audit committee as stipulated under listing regulations was not taken.

from Markets-Economic Times https://ift.tt/2ZEKEJF