National Company Law Tribunal (NCLT) on Thursday refused to defer troubled edtech startup BYJU'S extraordinary general meeting (EGM) scheduled for March 29 (Friday). The EGM is set to include a vote on increasing BYJU'S' authorised share capital related to the $200-million rights issue. BYJU'S investors had moved NCLT seeking a stay on the EGM and to block the rights issue.
short by
Debaroti Adhikary /
02:49 pm on
28 Mar