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Embassy REIT Chief Aravind Maiya steps down
Embassy REIT Chief Aravind Maiya steps down after SEBI directive; regulator orders immediate appointment of interim CEO
Embassy Office Parks, India's largest real estate investment trust (REIT), announced on Tuesday that
Aravind
Maiya
will step down as CEO of Embassy REIT, effective immediately. The decision comes shortly after Indian markets regulator SEBI directed Embassy ...
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.
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 CEO Aravind Maiya suspended following NFRA’s ten-year debarment
Sebi has directed Embassy Office Parks Management to suspend CEO Aravind Maiya due to a ten-year debarment from audit activities by NFRA for professional misconduct. This action aims to protect investors and ensure compliance with regulations regarding the fitness of management personnel.
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.
SEBI Suspends Embassy REIT Manager's CEO Aravind Maiya Amid NFRA’s 10-Year Audit Ban
SEBI suspended Embassy REIT CEO, Aravind Maiya on Monday following a National Financial Reporting Authority (NFRA) order that barred Maiya for 10 years from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.
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.
43m
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
2h
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 ...
Fortune India
16h
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 ...
9h
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 ...
13h
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 ...
11h
on MSN
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 ...
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