Byju’s moves NCLAT against NCLT order allowing Aakash EGM on rights issue
Published on: Oct. 27, 2025, 11:32 p.m. | Source: CNBC TV18
The tussle between Byju’s and Aakash Educational Services has intensified with the edtech major contesting the conduct of Aakash’s extraordinary general meeting for a proposed rights issue. Byju’s has argued that the move violates its shareholder rights and could drastically reduce its stake in the coaching subsidiary, even as Aakash’s counsel maintained the company urgently needs funds to meet operational commitments.
