India  
 
NewsR.in

Investors don’t have right to vote on CEO change: Byju’s

IndiaTimes Saturday, 3 February 2024
Despite significant pressure from major investors to remove Byju's founder and group CEO Byju Raveendran from his leadership position and restructure the company's board, which has largely become a family-operated entity, Raveendran has firmly stated that he has no intentions of stepping down from his role at the helm. The company has labeled the investors' actions as a conspiracy instead.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Investors have no voting rights on CEO change: Byju's

 The company also mentioned that the $200 million rights issue has "already received commitments for more than 100 per cent of the proposed amount".
DNA

Rift between Byju’s and investors widen; company says investors have no voting rights on CEO change

 Even as a group of Byju’s major investors are seeking removal of the troubled startup’s founder and group CEO Byju Raveendran from leadership position and...
IndiaTimes

Investors want Byju out of Byju's, revamp of board

 Prominent stakeholders in the educational technology startup Byju's are advocating for a change in leadership, expressing discontent with the current CEO and...
IndiaTimes