{"id":971619,"date":"2025-11-04T09:03:48","date_gmt":"2025-11-04T03:33:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=971619"},"modified":"2025-11-04T09:03:48","modified_gmt":"2025-11-04T03:33:48","slug":"sc-rejects-byjus-lenders-plea-clears-path-to-rs-240-crore-rights-issue","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/04\/sc-rejects-byjus-lenders-plea-clears-path-to-rs-240-crore-rights-issue\/","title":{"rendered":"SC rejects Byju\u2019s lender&#8217;s plea; clears path to Rs 240-crore rights issue"},"content":{"rendered":"<p>The Supreme Court dismissed petitions by Think &amp; Learn\u2019s resolution professional and Glas Trust, challenging Aakash Educational Services to proceed with its rights issue. This will reduce Byju\u2019s stake from 25.75% to under 5%. The move, aimed at raising operational funds, had faced prior objections from creditors but was cleared by the courts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court dismissed petitions by Think &amp; Learn\u2019s resolution professional and Glas Trust, challenging Aakash Educational Services to proceed with its rights issue. This will reduce Byju\u2019s stake from 25.75% to under 5%. The move, aimed at raising operational funds, had faced prior objections from creditors but was cleared by the courts.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-971619","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=971619"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971619\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=971619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=971619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=971619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}