Embassy REIT Chief Aravind Maiya steps down

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 Maiya has resigned as the CEO of Embassy REIT, effective immediately. Maiya’s departure follows a directive from the Securities and Exchange ...
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 stepping down as CEO of Embassy REIT, effective immediately.
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 declines 3% as CEO Aravind Maiya resigns post Sebi's order
The weakness in the stock can be attributed to CEO Aravind Maiya's resignation post market regulator Securities Exchange Board of India's (Sebi) direction of suspension for failing to meet its “fit & proper” criteria for top executives. Around 11:53 AM ...
Sebi orders suspension of Embassy Office Parks CEO Aravind Maiya after NFRA ban. Here are the details
In August this year, the NFRA imposed a penalty of ₹50 lakh on Aravind Maiya and barred him for 10 years from undertaking any audit of financial statements or internal audit of the functions and activities of any company. Markets regulator Securities and ...
Embassy REIT CEO steps down after Sebi order: Report
Sebi directed Embassy Office Parks Management Services, the manager of Embassy REIT, to suspend Aravind Maiya as CEO of Embassy REIT, in an interim order
SEBI directs Embassy REIT manager to suspend CEO Aravind Maiya over Coffee Day audit lapses
SEBI has ordered Embassy Office Parks Management Services to suspend CEO Aravind Maiya, citing 'serious lapses' and violations related to the audit of Coffee Day Enterprises Ltd (CDEL) during FY19. An interim CEO is to be appointed immediately.
Sebi asks Embassy REIT's manager to suspend its CEO Aravind Maiya; says displayed "professional incompetence, lack of integrity"
The market regulator has asked Embassy Office Parks Management Services Pvt Ltd to suspend Aravind Maiya from acting as its Chief Executive Officer (CEO) and appoint an interim CEO with immediate effect.
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India's Embassy REIT chief steps down following market regulator's order
(Reuters) -Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday that Aravind Maiya ...
Fortune India12h
Embassy REIT CEO Aravind Maiya steps down after SEBI action
India's largest real estate investment trust (RIET) Embassy Office Parks has said its CEO Aravind Maiya will step down ...
Embassy REIT units fall as Maiya steps down as CEO
Embassy Office Parks REIT unit price drops after CEO steps down, but company remains optimistic about future growth.
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SEBI Probe Leads to Embassy Office Parks CEO Resignation
According to NFRA's conclusions, Maiya's supervision resulted in serious violations of audit norms and due diligence.
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 MSN9h
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, ...
Stocks that will see action today: November 5
SEBI has ordered suspension of Aravind Maiya, the CEO of Embassy REIT’s manager firm Embassy Office Parks Management ...