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byjus investors: Byju's investors call for EGM on Friday to ouster founder, his family members

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. ....

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upGrad Co-Founder Ronnie Screwvala Slams BYJU, Its CEO Byju Raveendran for Company's Downfall, Says 'One Rotten Apple' Shouldn't Affect Entire Edtech Sector

Screwvala earlier took to X (formerly Twitter) to express support for the decision of Byju’s major shareholders to call an extraordinary general meeting (EGM) to oust the current management and reconstitute the board. upGrad Co-Founder Ronnie Screwvala Slams BYJU, Its CEO Byju Raveendran for Company’s Downfall, Says ‘One Rotten Apple’ Shouldn't Affect Entire Edtech Sector. ....

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Byju's accuses investors of 'conspiring' against company in an email to employees

The management also said that the $200 million rights issue that was announced earlier this week for existing shareholders has already been oversubscribed. ....

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byjus salary delay: Salary delay 'artificially induced' by select investors, Byju's tells employees

Success of rights issue will ensure sufficient operational capital to fund short-term needs from March, management tells employees in a note. ....

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BYJU's investors seek ouster of founders Byju Raveendran, Divya Gokulnath

This comes days after Byju's launched a rights issue to raise USD 200 million from existing shareholders. ....

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