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Byju s parent Think & Learn has taken investors, who sought to oust founder Byju Raveendran and his family from board, to court. Sources said that the Karnataka high court has passed an interim order that any resolution on Friday EGM to be invalid till Think & Learn petition against the investor is heard. ....
Investors at Byju s are calling for an extraordinary general meeting to oust founder CEO Byju Raveendran and his family members over alleged mismanagement and failures. The shareholders listed financial mismanagement, erosion of value, and concealment of material information as reasons for seeking ouster. ....
New Delhi, Feb 18 (PTI) Edtech major Think and Learn, which operates under BYJU'S brand name, is learnt to have received a commitment of USD 300 million from investors for its ongoing rights issue which will close by the end of February, sources aware of the development said. ....