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Embassy REIT Chief Aravind Maiya steps down
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.
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.
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.
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.
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 ...
Fortune India
13h
Embassy REIT CEO Aravind Maiya steps down after SEBI action
In an exchange filing today, the
Embassy
says he will instead resume the role of head of strategy
REIT
. "We refer to the ...
Hospitality Biz India
7h
Sebi Orders Suspension of Embassy REIT’s CEO Amid Allegations of Negligence in Financial Reporting
In a major regulatory action, the Securities and Exchange Board of India (Sebi) has directed Embassy Office Parks Management ...
6h
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 ...
The Times of India on MSN
10h
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, ...
10h
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 ...
10h
on MSN
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 ...
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