BYJU’S Shareholders Lay Out Demands For Fresh Capital Infusion
2023 • 5min • News • Business
Published On: November 29, 2023 - Shareholders of troubled Edtech major BYJU’s pose certain terms and conditions for fresh capital infusion in the company. The shareholders ask BYJU’S to file audited financials for FY23, along with asking co-founder Byju Raveendran to lose control over day-to-day company operations. In a related news, BCCI also filed a case against BYJU’S in NCLT. BCCI says that BYJU’S has not made payment dues amounting to Rs 160 cr in relation to sponsorship rights. Join News9’s Kartik Malhotra and Shriram Subramanian, Founder & MD, InGovern Research Services, for more on this story.