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Byju's rights issue closes today, top investors likely to give it a miss

The issue has been fully subscribed, CEO Byju Raveendran had said in a letter to shareholders ahead of the February 23 EGM ....

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Edtech giant Byju's faces new NCLT challenge: Oppression, mismanagement suit filed by 4 investors

Byju s woes: Edtech giant Byju s faces a fifth legal challenge filed against it in the NCLT and the fourth filed in 2024 alone ....

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Investors Vs Byju's: What has been argued in NCLT so far?

The investors alleged that the company s move to call for rights issue is illegal and contrary to law and sought a stay of it, while the board of directors of the company argued that the investors were creating obstructions to the company ....

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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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Byju's CEO Raveendran in huge trouble over FEMA violations as ED...

The notices were issued based on a complaint alleging contraventions of the Foreign Exchange Management Act (FEMA) totalling Rs 9,362.35 crore. ....

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