Tag Archives: CEO suspension

Embassy REIT CEO Resigns Following SEBI Suspension Directive: Report

Embassy REIT CEO Steps Down Following SEBI Suspension Order

In a recent development, Embassy Office Parks REIT, India’s largest real estate investment trust, announced that its CEO, Aravind Maiya, will be stepping down from his position, effective immediately. This move follows an interim order by the Securities and Exchange Board of India (SEBI), which directed Embassy Office Parks Management Services, the managing entity of Embassy REIT, to suspend Maiya.

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