Sebi asks Embassy to suspend its CEO over Coffee Day ban
Tuesday, 5 November 2024 () The Securities and Exchange Board of India (SEBI) has ordered Embassy Office Parks Management Services to suspend its CEO, Aravind Maiya, due to his previous involvement in a financial scandal at Coffee Day Enterprises. SEBI's decision stems from an order by the National Financial Reporting Authority (NFRA) that barred Maiya from auditing for his role in the Coffee Day scandal.
CEO Scott Snyder's journey with Bad Ass Coffee of Hawaii began as a mission to help the brand regain its footing, but it quickly evolved into a larger vision. Brought in to assist with turning..