BYJU'S Settles Aakash Rights Issue Dispute

BYJU'S told the Bengaluru NCLT it has settled its dispute with Aakash Educational Services over a ₹500 Cr rights issue that would have cut BYJU'S stake from 26% to under 5%. The settlement follows creditor approval and comes as lenders discuss buying 30% of Aakash, valuing it near $2 Bn.