Exclusive: Chaudhry unlikely to return to steer Byju’s-owned Aakash Institute

Byju’s-owned Aakash Institute-where Manipal group chief Ranjan Pai owns a 40% stake-has dropped plans for any potential return of Aakash Chaudhry – the promoter of the coaching business unit, multiple sources briefed on the matter said.

The board and management council of Aakash along with Pai is likely to now steer the ship ahead for the business and appoint a new chief executive, people briefed on the plans said.