India's Embassy REIT chief steps down
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 (Real Estate Investment Trust) shares lost 2.7 per cent in Tuesday's trade and registered an intraday low of ...
In an exchange filing today, the Embassy says he will instead resume the role of head of strategy REIT. "We refer to the ...
In a major regulatory action, the Securities and Exchange Board of India (Sebi) has directed Embassy Office Parks Management ...
Embassy Office Parks, the largest real estate investment trust (REIT) in India, announced on Tuesday that Aravind Maiya ...
The Times of India on MSN7h
Sebi asks Embassy to suspend its CEO over Coffee Day banThe Securities and Exchange Board of India (SEBI) has ordered Embassy Office Parks Management Services to suspend its CEO, ...
According to NFRA's conclusions, Maiya's supervision resulted in serious violations of audit norms and due diligence.
The Sebi direction came after it started examination of the status of compliance of Embassy Office Parks REIT and its ...
Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday Aravind Maiya will step down as ...
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