Aakash Raises FEMA, ECB Compliance Concerns Against Byju’s Lenders; Rs 25-Crore Allotment Paused

AESL recently concluded its Rs 100-crore rights issue, approving share allotments to the Manipal Group and Beeaar Investco Pte. Ltd., which contributed Rs 58 crore and Rs 16 crore, proportional to their shareholdings of 58.8% and 16%, respectively.