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New Delhi, Feb 24 (PTI) A day after investors of the troubled edtech firm Byju's voted for a leadership change, Byju Raveendran has penned a note to employees saying he continues to remain CEO and the management remains unchanged, as he dubbed Friday's EGM as a farce. ....
Byju’s founder informed employees he plans to challenge what he termed as ‘illegal and prejudicial actions’ by a “small group of select minority shareholders” ....
Investors demand ouster of Byju Raveendran and family, accuse management of non-compliance, misinformation, and withholding information. They seek details on AESL acquisition, loan terms, investigations, audits, and board restructuring for improved oversight and governance. ....