Embassy Office Parks REIT’s CEO Vikaash Khdloya has resigned and the corporate has appointed Aravind Maiya as the brand new CEO with impact from July 1 this 12 months.
In a regulatory submitting, Embassy REIT knowledgeable that the the board of administrators of Embassy Office Parks Management Services Pvt Ltd, which is supervisor to the REIT, accepted the resignation of Vikaash Khdloya because the Chief Executive Officer with impact from the shut of enterprise on June 30, 2023.
Khdloya intends to pursue different pursuits, it added.
The Board additionally permitted the appointment of Aravind Maiya because the Chief Executive Officer with impact from July 1, 2023.
Maiya has been beforehand related to Embassy REIT as its Chief Financial Officer and comes with over 22 years of expertise, together with in actual property, capital markets, audit and consulting.
Embassy REIT, sponsored by Blackstone and realty agency Embassy Group, is India’s first publicly listed Real Estate Investment Trust (REIT).
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It owns and operates a forty five million sq. toes portfolio of 9 workplace parks and 4 city-centre workplace buildings in Bengaluru, Mumbai, Pune, and the National Capital Region.
Embassy REIT’s portfolio includes 34.3 million sq. toes accomplished working space, and strategic facilities, together with 4 operational enterprise accommodations, two under-construction accommodations, and a 100 MW photo voltaic park.
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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)
