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SEBI, India
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.
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.
53m
on MSN
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4h
SEBI Mulls Separation of Non-Regulated Activities; 'Cross-Default' Definition for Debenture Trustees
SEBI on Monday proposed that debenture trustees separate non-market watchdog-regulated activities into a new legal entity and ...
India Infoline
1h
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.
5h
on MSN
SEBI warns investors against unauthorised trading platforms
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5h
Embassy REIT CEO Aravind Maiya resigns following Sebi suspension directive
Maiya’s departure follows a directive from the Securities and Exchange Board of India (
Sebi
), which ordered the management ...
India Infoline
3h
SEBI Warns Against Unauthorized Trading Platforms
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inc42
16h
SEBI Cautions Public Against Unauthorised Virtual Trading Platforms
Markets regulator SEBI has cautioned the public against unauthorised online virtual trading and gaming platforms.
7h
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 ...
5h
Market Regulator SEBI Warns Against Unauthorised Virtual Gaming & Trading Platforms; Says This!
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abp LIVE
9h
SEBI Permits Mutual Funds To Invest In Offshore Funds With Indian Securities
SEBI explained that the new guidelines aim to ease the investment process in overseas MFs and unit trusts, enhance ...
Hosted on MSN
17h
Sebi issues Rs 130 cr demand notices to 5 entities in Reliance Home Finance fund diversion case
Sebi
on Monday asked five entities, including Netizen Engineering and Citi Securities and Financial Services, to pay Rs 130 ...
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