Byju Raveendran, board members will not attend BYJU’s select shareholder EGM

New Delhi: Edtech firm Think and Learn Private Ltd, owner of BYJU’S, on Thursday said neither the company’s founder and CEO Raveendran Byju nor any other board member will attend the extraordinary general meeting called by some select investors.

Shareholders at Byju’s are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged “mismanagement and failures”.

BYJU’S has called the EGM “procedurally invalid” and contractually in contravention of the company’s article of association and shareholder’s agreement.