Embassy REIT CEO Arvind Maiya to step down following SEBI order to suspend him
Aravind Maiya, the CEO of Embassy Office Parks Management Services that manages Embassy REIT, will step down from his post following market regulator Sebi's direction to suspend him and appoint an interim CEO immediately.
India's Embassy REIT chief steps down on market regulator's order
Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday Aravind Maiya will step down as CEO of Embassy REIT with immediate effect, following the market regulator's decision that he is unfit for the role.
What prompted the SEBI order against the CEO of India's first publicly listed REIT?
In the wake of the SEBI order, shares of Embassy Office Parks REIT slipped around 2.5 per cent in intra-day trading. While they recovered slightly, the scrip was still down 1.9 per cent at Rs 394.79 in afternoon trades on the BSE.
Embassy REIT Chief Aravind Maiya steps down after SEBI directive; regulator orders immediate appointment of interim CEO
Embassy Office Parks announced the immediate resignation of CEO Aravind Maiya following SEBI's directive to suspend him and appoint an interim CEO.
India's Embassy REIT chief steps down after SEBI action
Embassy Office Parks , India's largest real estate investment trust (REIT), said on Tuesday that Aravind Maiya will be stepping down as CEO of Embassy REIT, effective immediately.
money.rediff38m
Embassy REIT CEO Steps Down After SEBI Order
Embassy REIT CEO Aravind Maiya steps down following SEBI's order to suspend him based on an NFRA ruling related to ...
Embassy REIT CEO Aravind Maiya resigns following Sebi suspension directive
Embassy Office Parks, the largest real estate investment trust (REIT) in India, announced on Tuesday that Aravind ...
Embassy REIT chief Aravind Maiya steps down following SEBI directive; interim CEO to be appointed
Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday that Aravind Maiya will be ...
Fortune India14h
Embassy REIT CEO Aravind Maiya steps down after SEBI action
While we are evaluating all options, in compliance with SEBI’s directive, Aravind Maiya will be stepping down as CEO of ...
Embassy REIT declines 3% as CEO Aravind Maiya resigns post Sebi's order
Embassy REIT (Real Estate Investment Trust) shares lost 2.7 per cent in Tuesday's trade and registered an intraday low of ...
SEBI Directs Embassy Office Parks To Suspend CEO; Imposes Penalty Of ₹50 Lakh
In a regulatory filing, Embassy Office Parks REIT said, "While we are reviewing the order and evaluating all options, in ...
The Times of India on MSN11h
Sebi asks Embassy to suspend its CEO over Coffee Day ban
The Securities and Exchange Board of India (SEBI) has ordered Embassy Office Parks Management Services to suspend its CEO, ...
India's Embassy REIT chief steps down following market regulator's order
Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday that Aravind Maiya will be ...