Embassy Office Parks REIT542602Routine SEBI update

Quarterly corporate governance compliance report for the quarter ended September 30, 2026

Embassy Office Parks REIT has shared its quarterly compliance report on corporate governance for the quarter ended September 30, 2026.

By ScoutQuest · Wed 21 Oct 2026, 11:05 AM IST · 2 min read

Independent Directors Cessation: Mr. Vivek Mehra and Dr. Ranjan Ramdas Pai ceased to be Independent Directors from the close of business hours on September 30, 2026
Committee Reconstitution: Audit, Nomination and Remuneration, Risk Management and Stakeholders' Relationship Committees reconstituted with effect from October 01,…
Board Meeting Attendance: board met on July 30, 2026 with 7 directors present, of whom 6 were independent directors

Quarterly governance check

This is the periodic report that the Manager of the REIT files with the exchanges on how governance was run during the quarter ended September 30, 2026. It sets out who sits on the board of the Manager, how the committees are made up, and how many meetings were held.

Board of the Manager

The board is entirely non-executive. Mr. Jitendra Mohandas Virwani is Chairman - Non-Executive - Non-Independent Director, and has been appointed Chairperson for the Financial Year 2026-27; the report states he is not related to the managing director or CEO. The other directors listed are Dr. Punita Kumar-Sinha, Mr. Vivek Mehra, Dr. Ranjan Ramdas Pai, Mr. Aditya Virwani, Dr. Anoop Kumar Mittal, Mr. Arvind Kathpalia and Mr. Prabhakar Kalavacherla. Six of them are independent directors and two, Mr. Jitendra Mohandas Virwani and Mr. Aditya Virwani, are non-independent.

Two independent directors step off

Mr. Vivek Mehra and Dr. Ranjan Ramdas Pai ceased to be Independent Directors with effect from the close of business hours on September 30, 2026, on completion of their second term.
Their tenure is shown as 111 months each; Dr. Punita Kumar-Sinha's is shown as 97 months, Dr. Anoop Kumar Mittal's as 37 months and Mr. Arvind Kathpalia's as 10 months.
Mr. Mehra was Chairperson of the Audit Committee and of the Risk Management Committee, and Dr. Pai was Chairperson of the Nomination and Remuneration Committee.

Committee reconstitution

Following those cessations, the committees were reconstituted with effect from October 01, 2026. Dr. Punita Kumar-Sinha is Chairperson of the Stakeholders' Relationship Committee; each committee is shown as having a regular Chairperson appointed.

Meetings during the quarter

The board met on July 30, 2026, with 7 directors present, of whom 6 were independent directors. The quorum requirement was met.
The gap between that meeting and the previous one, held on April 27, 2026, was 94 days.
The Audit Committee also met on July 30, 2026, with 7 directors present, of whom 6 were independent directors, and the same 94 days gap from its earlier meeting.
The Nomination and Remuneration Committee, Risk Management Committee and Stakeholders' Relationship Committee held no meeting in the quarter.

Other affirmations

The report affirms that the composition of the board and of each committee is in terms of the SEBI (Real Estate Investment Trusts) Regulations, 2014, that committee members have been made aware of their powers, role and responsibilities, and that the report has been placed before the board of the Manager.

What this means for unitholders

This is a routine governance disclosure rather than an event-based announcement. The substantive change is a board refresh: two independent directors left on completion of their second term and the committees were re-constituted from the next day, with the meeting record showing quorum met and no gap concerns flagged.

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