India  
 
NewsR.in

NCLT refuses to stay Byju’s EGM on rights issue

IndiaTimes Thursday, 28 March 2024
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

NCLT refuses to stay Byju's EGM on rights issue

 NCLT refused stay on Byju's EGM for $200M rights issue. Need 50% votes to raise share capital. Cash crunch causing salary delays. Court-approved fund stay....
IndiaTimes Also reported by •Zee News •DNA

Byju’s EGM On Rights Issue Ends Sans Objections, Dissenting Investors Skip Meet

 The meeting saw about 20 investor representatives in attendance, along with Think & Learn management, the parent company of Byju’s.
Zee News

Byju's unable to pay salaries as funds locked: Founder Raveendran

 Byju Raveendran, CEO of Byju’s, criticized investors for hindering salary disbursement due to the lock on funds raised through the rights issue. Investors...
IndiaTimes