Embassy REIT's CEO, Aravind Maiya, has resigned due to actions taken by SEBI.
The regulatory body has required the real estate investment trust to appoint an interim CEO immediately to ensure leadership continuity.
This decision is part of SEBI's ongoing oversight of corporate governance practices in the sector, demonstrating their commitment to transparency and accountability in publicly listed entities.
No further details about the circumstances of Maiya's departure have been disclosed.