Embassy REIT Chief Aravind Maiya steps down

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 has resigned as the CEO of Embassy REIT, effective immediately. Maiya’s departure follows a directive from the Securities and Exchange ...
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 ...
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 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 Day Enterprises audit lapses.
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.
Embassy REIT CEO Aravind Maiya steps down after SEBI action
Embassy REIT announced CEO Maiya's resignation after SEBI issued a show-cause notice citing his disqualification following a 10-year audit ban
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 compliance with SEBI's directive, effective immediately, Aravind Maiya will be stepping down as CEO of Embassy REIT." It added that Maiya would assume the role of head of strategy for Embassy REIT.
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, Aravind Maiya, due to his p
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 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 Rs 392 per share on NSE. The weakness in the stock can be attributed to CEO Aravind Maiya's resignation post market regulator Securities Exchange Board of India's (Sebi) direction of suspension for failing to meet its “fit & proper” criteria for top executives.
Reuters on MSN1d
India's Embassy REIT chief steps down following market regulator's order
(Reuters) -Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday that Aravind Maiya ...
Market regulator Sebi directs Embassy Reit to suspend CEO Aravind Maiya
The Securities and Exchange Board of India (Sebi) on Monday directed Embassy Office Parks Management Services, manager to the ...