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Byju's plea against Aakash rights issue rejected
Financial Express Lucknow
|October 25, 2025
THE NATIONAL COMPANY Law Tribunal has declined to grant any interim relief to insolvency-bound edtech firm Byju’s, which sought to restrain Aakash Educational Services (AESL) from convening its extraordinary general meeting (EGM) for arights issue.
It rejected Byju’s plea to stay the EGM to be held on October 29,2025, observing “acceptance of such plea would lead to an incoherent proposition under-
mining the independent rights of the company”.
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