He is in the final stages of talks to close a stock-swap deal with the edtech firm as part of the 2021 acquisition.Īlso read | Byju’s puts Epic, Great Learning on sale to clear $1.2 billion loan

His comeback is part of a broader arrangement being finalised with Byju’s. Quick catch-up: Following a meeting between Byju's auditor BDO and the company management in September, the edtech had said it would present the audited fiscal-2022 results to its board, advisory council as well as investors Peak XV Partners and Prosus - whose representatives recently quit the edtech’s board - in the second week of October.Ĭomeback at Aakash: Aakash Institute, one of the key assets of Byju’s, is likely to see its promoter Aakash Chaudhry return to the helm. Byju’s new CFO, Ajay Goel, had promised shareholders on June 24 that the audited FY22 results would be shared by the end of September, and those for FY23 would be ready by December this year. After more than a year’s delay, beleaguered edtech firm Byju’s is expected to file its financial results for the year ended March 2022 (FY22) this week.

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