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    Byju's investors want Byju Raveendran out. But Byju's investors also committed to investing $200m in Byju's new rights issue. What gives? A fun read

    @lilly159 Got it. Thank you!
  2. T

    Byju's investors want Byju Raveendran out. But Byju's investors also committed to investing $200m in Byju's new rights issue. What gives? A fun read

    @lilly159 Great post. Subscribed to your blog. One quick question, what happens if every shareholder decides to participate in the issue and buys those shares at discount? How can a company create value in this case? It isn't possible unless some shareholder sells stake in a rights issue...
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