Amid board trouble, Byju’s promises investors September deadline for FY22 audited results

Byju’s has told its investors that it will file the much-delayed audited financial results for fiscal year 2022 by this September while the results for the year ending March 2023 will be submitted by December, according to people aware of the developments at the embattled edtech company.

Following the confirmation, last week, of resignations by three investors – representatives of Peak XV Partners, Prosus and Chan Zuckerberg Initiative–from the board of the company, founder Byju Raveendran and newly appointed chief financial officer Ajay Goel met investors over the weekend in an attempt to assuage concerns over the controversial delay in furnishing the company’s financials, sources said.