Byju's to finalize its audited financial statements by September 6th

29 Aug 2022 , 08:19 AM

Byju’s, a leader in educational technology, has told its debt holders that it expects to finalize its audited financial reports for FY21, which auditor Deloitte has accepted, by September 6.

A teleconference with investors was set by the online education company earlier this month, but it had to be postponed due to a delay in the official closure of the audited financial reports.

Once it receives the final report that will be delivered to the directors, Byju’s is anticipated to convene its board meeting the following week.
The Ministry of Corporate Affairs (MCA) questioned Byju’s parent company Think & Learn about the circumstances surrounding the 17-month delay in completing its audited accounts, which led to the latest development.

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