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Byju's founder, his family won't attend EGM called by investors on February 23

This EGM is procedurally invalid, contractually in contravention of our AOA and SHA, legally on the wrong side of the Companies Act, 2013. If it is still summoned, it will not have the required quorum and cannot proceed, a Byju s spokesperson said ....

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Byju's rights issue to raise $200 million fully subscribed, founder commits $45 million

The edtech is dealing with the twin crises of a cash crunch and some of its investors seeking to oust the leadership to reconstitute the board. ....

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