Inside Byju's Shareholder Meet: CEO Admits Mistake, Audit To Be Closed By... | Read
In Ed-tech giant Byju's, which is in hot water following a $1.2 billion loan payment issue and resignation of all three non-family board members, constructive negotiations are ongoing, and the company is hopeful for a quick resolution, its Global General Counsel Roshan Thomas assured shareholders in a recent meeting, highly placed sources told NDTV. CEO Byju Raveendran, admitting facing challenges in the past year, told shareholders that the company is looking to add more independent Directors.
