Besides the previously reported proposal to remove founder Byju Raveendran and his family from the management of BYJU’s, shareholders of the edtech firm also want to put in place restrictions on the transfer of shares by founders, and the appointment of a forensic expert to scrutinise various company actions including acquisitions, alleged breaches, regulatory affairs, tax filings, and payments.
Edited by: Pramod Mathew
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
Printed by Unregistered user on Fri, 22 Nov 2024 08:53:22 GMT
Bring stories like this into your inbox every day.
Sign up for our newsletter - The Daily Brief
Subscribe to NewsletterRelated Stories
© Copyright DEALSTREETASIA 2014-2024 All rights reserved.