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Embassy REIT Chief Aravind Maiya steps down
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.
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 following market regulator's order
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, after the country's markets regulator said he was not fit to hold the position.
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.
2h
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
...
money.rediff
36m
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 Coffee ...
11h
on MSN
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 ...
7h
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 ...
India Infoline
5h
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.
Fortune India
14h
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 ...
Moneylife
8h
SEBI Asks Embassy Office Park To Suspend CEO Aravind Maiya, Found Guilty in Cafe Coffee Day Audit Lapses
Market regulator Securities & Exchange Board of India (SEBI) has ordered the suspension with immediate effect of Aravind Maiya, chief executive officer (CEO) of Embassy REIT's manager Embassy Office ...
11h
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 ...
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Embassy REIT
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