Business Wire India - Multimedia: Digest for December 14, 2023

Business Wire India - Multimedia Multimedia By Business Wire India

Table of Contents Embassy REIT Announces Appointment of Aravind Maiya as CEO ABSA 2023 - Lifetime Achievement Award - Conferred to Mr. M. Prabhakar Rao, CMD of Nuziveedu Seeds

Embassy REIT Announces Appointment of Aravind Maiya as CEO Friday 28 April 2023 04:46 AM UTC+00 Business Wire India Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, today announced the appointment of Aravind Maiya as Chief Executive Officer of Embassy REIT with effect from July 1, 2023. Vikaash Khdloya has expressed his intent to pursue other interests and will step down as CEO effective June 30, 2023, post which he will assume the role of Senior Advisor to the REIT until the end of this year. Aravind played a pivotal role in the growth of Embassy REIT since its listing as the Chief Financial Officer. With over 22 years of experience, Aravind rejoins the REIT from Tata Realty, where he was the CFO.   Vikaash and Aravind will work closely together to ensure a smooth transition. Aravind Maiya, CEO Designate, Embassy REIT, said, "I am delighted to rejoin Embassy REIT to lead its next phase of growth. We have ambitious aspirations, and I'm excited about the potential that lies ahead. I look forward to working again with the wonderful team at the REIT to create long-term value for all our stakeholders."   Jitu Virwani, Chairman & Managing Director, Embassy Group, said, "I welcome Aravind back and am very pleased for him to take over as CEO of Embassy REIT. Aravind was a core member of the REIT's management team and was instrumental in driving its success since listing. We're very grateful to Vikaash for his stewardship of Embassy REIT over the last few years, particularly during the two years of the pandemic. We wish him continued success in his future endeavours."   Tuhin Parikh, Head of Real Estate India, Blackstone, said, "Vikaash has played a key role in the growth of this portfolio since 2011, and we thank him for his contribution to the success of Embassy REIT. As demonstrated in the recently announced full year results, Embassy REIT's business is in excellent shape and the REIT delivered a strong business performance with record leasing of 5.1 msf. Under Aravind's leadership, we look forward to taking Embassy REIT to greater heights."    Vikaash Khdloya, CEO, Embassy REIT, said, "After an incredible 12 year journey, I believe the time is right for me to pursue other interests and passions. It's been a privilege to lead Embassy REIT, and I am extremely proud of the team and the results we've achieved over the last four years since our listing. Embassy REIT is very well placed today to deliver on the growth cycle accelerated over the last few years and I wish Aravind all the very best."

ABSA 2023 - Lifetime Achievement Award - Conferred to Mr. M. Prabhakar Rao, CMD of Nuziveedu Seeds Friday 28 April 2023 12:25 PM UTC+00 Business Wire India Mandava Prabhakar Rao, Chairman and Managing Director of Nuziveedu Seeds Limited (NSL) Group, has been conferred the 'Lifetime Achievement Award' at the AgriBusiness Summit and Award (ABSA) for his 'excellence and leadership in agriculture and allied sectors'. Telangana Agriculture Minister S Niranjan Reddy presented the award to Mr. Rao at a function held on 26th April 2023. The award function was held in Hyderabad in the presence of renowned dignitaries. This is truly a momentous occasion, especially for the seed industry, in which Mr. Prabhakar Rao has played a decisive and critical role as a guiding mentor. His unparalleled vision and leadership have paved the way for unprecedented growth and innovation in the sector, inspiring countless others to follow in his footsteps. The Lifetime Achievement Award is a fitting tribute to Mr. Prabhakar Rao's exceptional contributions and invaluable service to the agricultural community. Shri Prabhakar Rao, a post graduate and gold medalist in Agriculture from Banaras Hindu University is a trailblazer with passion and commitment for improvement of productivity and profitability of farmers. Hailing from farming community, Shri Prabhakar Rao took NSL and its group companies to new heights of business excellence. Today NSL's R&D has developed innovative and improved plant varieties in 20 crops, whose seeds are sold in all the States of the country and abroad. This recognition is a testament to Mr. Prabhakar Rao's outstanding contributions and unparalleled leadership in the agriculture sector, inspiring generations of innovators and entrepreneurs.

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