The EGM was called to increase the authorised share capital of the embattled edtech firm, following the recent $200 million rights issue.
Byju's logo.
The National Company Law Tribunal (NCLT), Bengaluru Bench on Thursday, 28 March, declined to grant a stay on the extraordinary general meeting (EGM) on 29 March called by ‘Think and Learn’, owner of the Byju’s brand. The EGM was called to increase the authorised share capital of the embattled edtech firm, following the recent $200 million rights issue.