Byju’s parent Think & Learn to hold 32% stake in Aakash after settlement

Byju’s parent company, Think & Learn, currently undergoing insolvency, will hold approximately 32% in Aakash Educational Services.
This marks an increase from its previous 25.75% stake prior to last year's disputed ₹240 crore rights issue.
The settlement involves issuing new shares and transferring existing equity, with no cash exchanged in the transaction.
The consolidated stake will form part of the asset pool offered to prospective bidders during insolvency proceedings.

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