Think and Learn the parent company of Byjus one of the most valued ed-tech firms, has decided to take an unsecured loan of Rs 300 crore from its acquired subsidiary Aakash Educational Services for its ...
A week after accusing EY India of conflict of interest, Aakash Educational Services Limited (AESL) has now moved the National Company Law Tribunal (NCLT) against the consulting giant. In its June 1 ...
Byju's global lenders are in advanced talks to take a 30% stake in Aakash Educational Services worth $600 million in exchange for dropping all legal cases against founder Byju Raveendran.
The Bengaluru bench of the National Company Law Tribunal (NCLT) dismissed Byju’s parent Think and Learn’s plea for an interim stay aimed at stopping Aakash Educational Services from holding its ...
In the National Company Law Tribunal (NCLT) hearing on Tuesday, Think and Learn, the parent company of Byju’s, and Aakash Educational Services Ltd (AESL) have withdrawn the merger petition. “The ...
Think & Learn, the parent company of edtech major Byju’s, is reconstituting the board of Aakash Educational Services Ltd. (AESL). The edtech major has appointed three nominees from Think & Learn and ...
Aakash’s board put the share allotment on hold citing non-compliance with FEMA rules, the Companies Act, or the ECB guidelines The board approved the allotment of shares worth INR 58 Cr and INR 16 Cr ...
Byju’s and Aakash declined to comment on the matter. With Byju’s mired in financial and legal troubles, its primary subsidiary, Aakash Educational Services, is trying to distance itself from its ...