BYJU'S Parent to Retain 32% Stake in Aakash After Settlement

12 Oct 2026, 1:03 pm · 3h ago · 1 min read · Inc42New

Insolvent BYJU’S parent Think & Learn Pvt Ltd is set to secure approximately 32% shareholding in Aakash Educational Services following a dispute settlement with Aakash and Manipal Group. The revised holding surpasses TLPL's previous 25.75% stake held before Aakash's ₹240 crore rights issue triggered litigation last year. The non-cash settlement involves allotting rights issue shares and transferring existing shares to TLPL. This follows NCLT Bengaluru directing TLPL’s resolution professional to maintain status quo on recently auctioned assets amid ownership claims from group entity BYJU'S K3 Education.