Byju Raveendran, board to skip 'procedurally invalid' extraordinary general meeting

Byju's announced that Byju Raveendran and board members will not attend the EGM called by investors to seek Raveendran's removal as CEO and board reconstitution, citing procedural invalidity. Byju's board currently consists of Raveendran, his wife, and his brother. Representatives of Prosus, Peak XV Partners, and Chan Zuckerberg Initiative resigned from the board last year.