BYJU’S Contests NCLAT Approval To Aakash’s ₹240 Cr Rights Issue

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SUMMARY

BYJU’S parent Think & Learn has reportedly sought the Supreme Court, challenging the order of NCLAT, permitting Aakash to proceed with the second tranche of its ₹240 Cr ($26.5 Mn) rights issue

AESL shareholders approved a plan to increase the company’s authorised share capital to accommodate the proposed rights issue in October 2025

Meanwhile, Ranjan Pai’s family office was set to invest an additional ₹250 Cr in the coaching chain by subscribing to its rights issue in tranches, as of last November

BYJU’S



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BYJU’S Contests NCLAT Approval To Aakash’s ₹240 Cr Rights Issue


SUMMARY

BYJU’S parent Think & Learn has reportedly sought the Supreme Court, challenging the order of NCLAT, permitting Aakash to proceed with the second tranche of its ₹240 Cr ($26.5 Mn) rights issue

AESL shareholders approved a plan to increase the company’s authorised share capital to accommodate the proposed rights issue in October 2025

Meanwhile, Ranjan Pai’s family office was set to invest an additional ₹250 Cr in the coaching chain by subscribing to its rights issue in tranches, as of last November

BYJU’S



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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