Embassy Office Parks, India's largest real estate investment trust, 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 Office Parks Management Services, the manager of Embassy REIT, to suspend Maiya in an interim order. In an interim order available on SEBI’s website, …
Mumbai: The Securities and Exchange Board of India on Monday directed Embassy Office Parks Management Services Pvt Ltd, the manager of Embassy Office Parks Real Estate Investment Trust, to suspend its CEO, Aravind Maiya. NFRA initiated a suo motu examination into the professional misconduct of statutory auditors of Coffee Day Enterprises Ltd after Sebi's order of January 2023 penalizing the …
