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BYJUS EGM
Aakash shareholders approve share capital increase ahead of rights issueRaising the share capital is an important step before floating a rights issue. Glas Trust, which represents Byju’s US lenders, had earlier ...- Edtech Byju’s parent, US lenders move NCLAT to halt Aakash Educational Services EGMThis comes after the Bengaluru bench of the National Company Law Tribunal (NCLT) dismissed Think and Learn’s plea for an interim stay on th...
- Byju’s crisis timeline: From edtech giant to fighting legal battlesByju’s, the once celebrated edtech giant, has found itself embroiled in a prolonged legal and financial crisis. Delayed audits, funding sho...
- Exclusive: Byju’s India CEO Arjun Mohan resigns, founder Raveendran to comeback at helm of daily opsByju Raveendran's return to the top of daily affairs after nearly four years is of significance as as a group of Byju’s investors voted in ...
- Byju's seeks arbitration in dispute with investors; NCLT adjourns hearing to April 23During Thursday's proceedings, the NCLT noted that it would be a “blatant violation” of its interim order dated February 27 if Byju’s has i...
- Byju's offers warring investors to participate in funding, secures 50% votes on rights issueByju Raveendran, founder and CEO of Byju's, said in a letter to shareholders that despite the “animosity shown by some of the investors in ...
- NCLT refuses to stay Byju’s EGM over $200 million rights issueThe stay was sought by investors of Byju’s parent Think & Learn, led by Prosus, to block the rights issue.
- Karnataka HC extends interim stay on Byju's EGM till March 28Byju's parent entity Think and Learn had approached the Karnataka High Court for a stay on the decision of the EGM, which was spearheaded b...
- NCLT reserves orders on Byju’s rights issue; gives three days to file written submissionsFour key Byju’s investors, led by Dutch investment firm Prosus, told the NCLT that the company was allowed to issue capital of Rs 6 crore t...
- ETtech Explainer: What to know about Byju’s boardroom battle and shareholder resolutionsA majority of investors in Byju’s parent Think & Learn unanimously voted to remove founder Byju Raveendran as CEO and revamp the board, whi...
- I continue to remain CEO: Byju Raveendran to staffByju Raveendran's note comes a day after a group of investors unanimously voted to oust him as the CEO of the online education platform.
- Byju’s investors vote to oust CEO RaveendranInvestors in Byju's led by Prosus filed a petition at NCLT alleging oppression and mismanagement by the present management of Byju’s. They ...
- Byju’s EGM: Sharp noises, ‘phishing’ attack delay cloud investor-led meeting to oust CEO RaveendranThe EGM has been called by a group of investors who are seeking to remove founder Byju Raveendran, his wife and brother from the board. The...
- Face-off likely at EGM over plan to oust Byju’s CEOInvestors demand ouster of Byju Raveendran and family, accuse management of non-compliance, misinformation, and withholding information. Th...
- Byju Raveendran, Divya Gokulnath and Riju Ravindran to skip company's EGMByju’s in a statement said, “This EGM is procedurally invalid, contractually in contravention of our AOA (article of association) and SHA (...
- Byju’s secures stay on EGM resolutions from Karnataka HCIn a statement Wednesday evening, Byju’s said the court has passed an order saying any resolutions proposed during the EGM by investors wil...
- Byju's investors call for EGM on Friday to oust founder, his family membersInvestors at Byju's are calling for an extraordinary general meeting to oust founder CEO Byju Raveendran and his family members over allege...
- Investors flag Byju’s failure to recover Rs 1,400 crore from resellerIn an Extraordinary General Meeting (EGM) notice, a copy of which ET has reviewed, the investors said the company's value has eroded due to...
- Byju’s shareholder group calls for EGM, to vote for ouster of Byju Raveendran, boardWhile investors of Byju's have been asking Raveendran to step aside from an operating role, this is the first instance of shareholders band...
- Byju’s to form committee to advise CEO on board, governanceCEO Byju Raveendran told shareholders that Byju’s is much larger than any individual and decisions made will be in the best interest of the...
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