Byju’s board clears FY22 financial accounts, reappoints BDO as auditor at AGM

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Financially-beleaguered edtech startup Byju's passed all its resolutions including approving the long-delayed FY22 results of its parent Think & Learn during a three-hour-long virtual annual general meeting (AGM) on Wednesday..

Nearly 60 shareholders participated in the AGM opened by founder Byju Raveendran who gave a briefing on the companys affairs, according to people present in the meeting...

A spokesperson for Byju's said Nitin Golani, chief financial officer, India also briefed on the audit functions while India CEO Arjun Mohan provided business updates and plans to the shareholders...

"The auditor BDO later answered all questions from shareholders before the company wrapped up the interactive three-hour-long meeting," Byju's said in a statement on Wednesday evening...

On November 4, Byju's had issued its financial results in parts for core India business, showing a 2.3 times growth in standalone revenue to Rs 3,569 crore..

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