Archive · 18 Nov 2025
Embassy REIT Settles SEBI Case Over Disclosure Delay
Embassy Office Parks REIT's manager paid a fine to SEBI for not telling investors and stock exchanges about a bad report against their former CEO quickly enough.
They didn't admit or deny the problem, but SEBI agreed to the settlement.
Embassy Office Parks Management Services settled SEBI case
Paid ₹18.39 lakh for delayed disclosure of NFRA order against former CEO
Disclosure gap of 53 days for NFRA order, 35 days for SEBI's 'fit and proper' communication
Settlement made without admitting or denying findings
SEBI approved the settlement terms
- Who
- Embassy Office Parks Management Services
- What
- Settled a case with SEBI over delayed disclosures
- When
- October 17, 2025
- Where
- India
- Why
- To resolve a case involving delayed disclosures of regulatory orders
- Amount Paid
- ₹18.39 lakh
- Regulator
- Securities and Exchange Board of India (SEBI)
- Former CEO
- Aravind Maiya
- NFRA Order Date
- August 2024
- Disclosure Gap (NFRA Order)
- 53 days
- Disclosure Gap (SEBI Communication)
- 35 days