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Byju's investors unanimously vote to oust CEO Raveendran, revamp board

At an EGM called by investors in Byju’s, participating shareholders unanimously voted for a change in leadership.Byju’s says the resolutions are invalid without at least one founder-director present at the EGM.On Thursday, a consortium of investors moved the NCLT against Byju’s rights issue ....

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Byju's call shareholders move to oust CEO Raveendran 'invalid'

However, a valid quorum requires the presence of at least one founder-director but Byju s CEO Raveendran, along with his wife and brother, were absent from the meeting. ....

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