SC rejects Byju’s petition, clears Aakash rights issue
BENGALURU: The Supreme Court has rejected petitions filed by Think & Learn, the parent of Byju’s, and its US-based lender GLAS Trust Company, giving its subsidiary Aakash Educational Services (AESL) the green signal to proceed with its planned rights issue and raise funds.The dismissal of the civil appeals upholds the National Company Law Appellate Tribunal’s…