Byju’s EGM on rights issue ends sans objections, dissenting investors skip meet ...Middle East

New Delhi: Embattled edtech company Byju’s on Friday held its extraordinary general meeting (EGM) called by the board of directors to raise the capital via the rights issue without any hassles. The EGM, called to increase Byju’s authorised share capital, met with no objection and none of the key investors who went to the National Company Law Tribunal (NCLT) against the rights issue and to oust its Co-founder CEO Byju Raveendran, were present at the EGM, sources told IANS. The meeting saw about 20 investor representatives in attendance, along with Think & Learn management, the parent company of Byju’s. Few questions regarding the postal ballot were asked and resolutions were called out while

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