Ranjan Pai's Manipal Education and Medical Group has submitted its expression of interest (EOI) for Byju's parent company ...
The filing marks the only EOI submitted for Think & Learn so far and follows a recent Supreme Court ruling that cleared the ...
The confirmation comes days after NDTV Profit reported that the Ranjana Pai-led group has submitted an expression of interest ...
The latest development also follows a series of legal disputes between Think & Learn's creditors and Aakash over a recent ...
In his argument, counsel for Byju’s parent Think and Learn said the proposed rights issue would slash its stake in Aakash Educational Services — a key asset whose loss of value could significantly ...
The tussle between Byju’s and Aakash Educational Services has intensified with the edtech major contesting the conduct of Aakash’s extraordinary general meeting for a proposed rights issue. Byju’s has ...
Ranjan Pai’s group already holds a 40% stake in Aakash, after investing about $300 million to help BYJU’S settle earlier debt ...
Ranjan Pai’s Manipal Education & Medical Group (MEMG) has emerged as a potential bidder for Think & Learn, the bankrupt ...
Dr. Ranjan Pai–led Manipal Education and Medical Group India (MEMG India) has formally submitted an Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of ...
Other potential bidders are still weighing their options ahead of the November 13 deadline for EOI submissions.