I have a requirement to delete a record using related action. After performing that action that has to redirect to another page in the site.
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Is the page to which you want to be redirected a User Task, a Report, or a Record view?
If task, just design the process to flow into the task after the action.
If it's a record or a report, a link is one option.
If that doesn't satisfy your need, please open a support case to communicate what you're trying to do back to the product team.