Glas Trust also questioned the “actions” of the resolution professional for allowing Byju Raveendran to continue as a representative of BYJU’S on Aakash’s board The lenders also alleged that Aakash’s ...
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Mint Explainer | Why Aakash’s ₹250-crore fundraise is now a proxy fight over Byju’s ownership
Crisis-hit Aakash Educational Services Ltd (AESL) thought a ₹250-crore rights issue would be its big reset after senior exits and a swing to losses in FY23. The test-prep chain, once a profit engine ...
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