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Byju’s CFO quits and rejoins Vedanta to oversee restructuring
![IndiaTimes]()
Tuesday, 24 October 2023
Vedanta Ltd has appointed the CFO of Byju's, Ajay Goel, to replace the current finance head as part of a restructuring plan. Goel, who previously worked at Vedanta, will assist in splitting the metals firm into six listed companies. Meanwhile, Byju's is facing setbacks as Goel's departure delays the filing of audited financial results, causing impatience among shareholders. Vedanta Resources Ltd, the parent company, is also dealing with $3 billion in bond repayments in the next two years.
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Tuesday, 24 October 2023
