BYJU’S says scrutiniser report clears $200 mn rights issue; awaits NCLT nod
Notwithstanding approval from shareholders, the tribunal court’s earlier order had asked BYJU’s not to use funds; next hearing on April 23
byjus company
April 2024
February 2024
BYJU's India CEO Arjun Mohan exits; Raveendran to lead daily operations
BYJU'S also initiates consolidation of its businesses into three focused divisions - The Learning App, online classes & tuition centres, and test-prep
BYJU's unit Aakash Educational appoints Deepak Mehrotra as MD, CEO
Crisis-hit BYJU’s ropes in Mehrotra to deliver its “aggressive growth plan”
Byju Raveendran’s net worth falls from $2.1 bn to zero
Once the poster boy of the Indian startup scene, Raveendran has been caught up in controversies over foreign funding, fund crunch, layoffs and legal tangles with investors
After March salary delay, layoffs haunt BYJU’s employees
BYJU’s terms layoff exercise as "business restructuring", which is being done to reduce cost base and simplify operating structures
BYJU’s to delay March salaries; blames ‘misguided’ foreign investors
BYJU's says these investors obtained court order that restricted use of funds raised through rights issue; assures employees could receive salaries by April 8
Byju's EGM: Investors face multiple disruptions amid delay in verification of attendees
According to reports, several attendees also received an unidentified notification stating that the EGM had been cancelled.
Look-out notice, insolvency plea, EGM: BJYU’S faces toughest battle yet
BYJU’s scores small victory as Karnataka HC grants it relief, stating that any resolutions proposed to be passed in Feb 23 EGM will be "invalid" until disposition of its petition
FRRB report on Byju’s accounting practices soon: ICAI President
MCA will soon come out with guidelines and SOP to protect the rights of auditors in matters related to corporate governance, says Ranjeet Kumar Agarwal
Byju's tried to grow too fast sans corporate discipline: Rajeev Chandrasekhar
"If you don't learn from those who came before you, you will make mistakes and I think, Byju's is that mistake," says Rajeev Chandrasekhar.
