Investors accuse Byju's of siphoning $533mn, seek stay on rights issue

Investors accuse Byju's of siphoning $533mn, seek stay on rights issue
Hindustan Times
Published onHindustan Times
Publish Date28 February 2024
Reading time1 Min

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Investors on Tuesday alleged that the edtech giant siphoned off USD 533 million in an obscure hedge fund in the US and sought a stay on a USD 200 million rights issue, called it illegal and contrary to law    

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