{
  "id": 13913978,
  "title": "BYJU’S Parent To Hold 32% Stake In Aakash After Settlement: Report",
  "url": "https://urgent.news/2026/10/12/byjus-parent-to-hold-32-stake-in-aakash-after-settlement-report",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-12T07:33:15.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/byjus-parent-to-hold-32-stake-in-aakash-after-settlement-report/"
  },
  "original_language": "en",
  "account": "Think & Learn Pvt Ltd, the insolvent parent company of BYJU’s, is expected to own approximately 32% of Aakash Educational Services following a settlement that resolves the company’s ongoing shareholding dispute with Aakash, according to a report. This stake surpasses the roughly 25.75% TLPL held prior to Aakash’s ₹240 Cr rights issue becoming entangled in litigation last year. The settlement will encompass the allotment of rights issue shares and the transfer of existing shares to TLPL, with no cash consideration involved, as reported by ET. The dispute arose from Aakash withholding a portion of the shares it had subscribed for, which caused a significant decline in TLPL’s recorded shareholding. The settlement will also see the ownership of certain assets being transferred from the coaching company to TLPL, following the National Company Law Tribunal’s (NCLT) order to halt the assets auction amid disagreements over their ownership. The dispute between TLPL and K3 Education, a subsidiary of BYJU’s group, stems from separate insolvency proceedings triggered by unpaid sponsorship dues and a Section 9 petition from an operational creditor. The proposed settlement involving Aakash shares could have implications for BYJU’s ownership structure and Qatar Holding’s ongoing arbitration claim against Byju Raveendran, which seeks over $235 Mn in damages.",
  "summary": "Think & Learn Pvt Ltd (TLPL), the insolvent parent of BYJU’s, is set to hold around 32% in Aakash Educational…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}