SEBI directs Embassy REIT manager to suspend CEO Aravind Maiya over Coffee Day audit lapses

SEBI has ordered Embassy Office Parks Management Services to suspend CEO Aravind Maiya, citing ‘serious lapses’ and violations related to the audit of Coffee Day Enterprises Ltd (CDEL) during FY19. An interim CEO is to be appointed immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *