Embassy Office Parks REIT has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q4 FY 2024-25
Awaiting price reaction for this filing.
Embassy Office Parks REIT has filed its quarterly and annual Compliance Report on Corporate Governance for the quarter and year ended March 31, 2025, as required under SEBI (REIT) Regulations, 2014. The Manager's board has 7 directors — 4 independent and 3 non-independent — with Mr. Jitendra Virwani as Chairperson. Four committees (Audit, Nomination & Remuneration, Risk Management, and Stakeholders' Relationship) are in place and compliant. One board meeting was held in Q4 (January 29, 2025) with 7 of 7 directors present, and the maximum gap between any two meetings was 83 days, within SEBI's 120-day limit. All annual governance affirmations under SEBI's REIT framework have been marked compliant (Yes), including board composition, code of conduct, vigil mechanism, related party transactions, and risk management.
This is a routine regulatory compliance filing and does not signal any change in business or financials. It confirms the REIT continues to meet SEBI's corporate governance requirements, with no adverse observations from the board on prior reports.