Aakash Educational Services
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About Aakash Educational Services
We help to prepare students for medical and engineering entrance exams such as National Eligibility Cum Entrance Test (NEET), Joint Entrance Examination (JEE - Main & Advanced), and school/ board examinations including scholarship exams such as NTSE, KVPY, and Olympiads. Aakash Advantage · 33 years of providing comprehensive and result-oriented test preparation · 275+ centres across India to help you prepare in your city · 3000+ expert faculty to tach, mentor and guide you · 85000+ Rankers in NEET & JEE BYJU’S Edge · World’s largest education technology company with over 10 crore students · Conceptual clarity through high quality videos · Cutting-edge technology to help you practice and prepare better Putting students first and continuously striving to meet their needs is core to Aakash BYJU’S. We are on a mission to build an omni-channel learning offering that will catapult the test-prep experience to the next level and help build India’s largest education company.
Aakash Educational Services Subsidiaries
MeritNation
Aakash EduTech
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.5/5 based on 3k reviews | 3.4/5 based on 36 reviews | 3.2/5 based on 648 reviews | 3.9/5 based on 640 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Work-Life balance Job Security |
Critically Rated for | Promotion/Appraisals Work-Life balance Work Satisfaction | Company culture Work Satisfaction Promotion/Appraisals | Promotion/Appraisals Salary & Benefits Company culture | Promotion/Appraisals |
Primary Work Policy | Work from office 87% employees reported | - | Work from office 92% employees reported | Work from office 88% employees reported |
Rating by Women Employees | 3.5 Good rated by 830 women | 3.2 Average rated by 10 women | 3.2 Average rated by 136 women | 3.7 Good rated by 123 women |
Rating by Men Employees | 3.5 Good rated by 2k men | 3.1 Average rated by 20 men | 3.2 Average rated by 410 men | 3.9 Good rated by 480 men |
Job Security | 3.2 Average | 2.8 Poor | 3.4 Average | 3.9 Good |
Aakash Educational Services Salaries
Assistant Lecturer
Admission Counsellor
Admission Officer
Branch Head
Accounts Officer
Lecturer
Student Support and Admission Officer
Counsellor
Executive Accountant
Assistant Branch Manager
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Aakash Educational Services News
NCLAT Refuses To Set Aside Order Halting Amendment To Aakash’s AoA
- The National Law Company Appellate Tribunal (NCLAT) has refused to set aside the National Company Law Tribunal’s (NCLT) order halting Aakash Educational Services from amending its Articles of Association (AoA).
- Aakash argued that the amendment was for raising fresh capital through equity sale and not to raise a debt.
- The case has been sent back to NCLT, with the company allowed to move an application for vacation of stay within one week.
- The NCLT has been directed to give its judgment on the issue within three weeks.
Karnataka High Court Stays NCLT Order Barring Byju’s-owned Aakash from Amending AoA
- The Karnataka High Court has stayed the NCLT order that barred Byju’s-owned Aakash Educational Services from amending its AoA (Articles of Association).
- Byju's was seeking to reduce the influence of minority shareholders through the proposed amendment, which raised concerns among major investors.
- The NCLT had directed Aakash to refrain from implementing the resolution until a final decision is reached on the matter.
- The high court granted interim relief to Aakash, stating that the NCLT had failed to provide adequate reasoning for its decision and emphasizing the importance of adhering to principles of natural justice.
Relief For BYJU’S: Karnataka HC Lifts NCLT Block On Aakash Stake Sale
- The Karnataka High Court issued an interim stay on the NCLT's order barring Aakash Educational Services from amending its AoA.
- The court observed that the NCLT didn't provide any reasons for its order.
- The next hearing in the matter is scheduled on December 2.
- BYJU'S founder Byju Raveendran's stake sale bid for Aakash is facing opposition from lenders.
Byju Raveendran Accused Of Trying To Regain Company’s Control With Hidden Loan Money
- Byju Raveendran accused of using hidden loan money to regain control of BYJU'S.
- Raveendran manipulated businessman William R Heller to acquire $1.2 Bn in loans.
- Attempt to buy software education firm Epic! Creations with the debt failed.
- National Company Law Tribunal blocks BYJU'S subsidiary Aakash from amending its Articles of Association.
NCLT blocks Aakash’s attempt to change Articles of Association amid BYJU’S issue
- The NCLT Bengaluru Bench has ordered Aakash Educational Services Limited (AESL) not to implement any decisions made during an Extraordinary General Meeting concerning the removal of Part-B of its Articles of Association.
- The order came in response to a petition filed by Blackstone, a minority investor in AESL, arguing that they were being deprived of their rights.
- AESL had planned to remove Part-B of its Articles of Association, which define the rights and responsibilities of shareholders.
- The case will be further reviewed on December 19, with objections from the respondents being submitted within three weeks.
NCLT Stays Aakash's EGM Resolution To Amend Articles Of Association
- The National Company Law Tribunal stayed a resolution related to amendment in the Articles of Association (AoA) of Aakash Educational Services.
- An Extra Ordinary General Meeting (EGM) of Aakash Educational Services was scheduled to be held on Wednesday to consider and approve alteration in the AoA, which was objected to by the petitioners.
- The NCLT directed that the matter will be listed for the next hearing on December 19, 2024.
- The petitioners alleged that their rights and interests were being oppressed.
NCLT bars Aakash not to amend AoA as Byju’s attempts to dilute stake
- The National Company Law Tribunal (NCLT) has barred Aakash Educational Services from amending its Articles of Association (AoA).
- This decision comes as Byju's lenders accused Aakash of trying to dilute Byju's stake to benefit Manipal Education.
- NCLT has halted changes to the 'Reserved Matters' under Aakash's AoA that require specific investor consent.
- Multiple minority shareholders of Aakash have filed a mismanagement and oppression petition against the current management.
BYJU’S Term Loan B Lenders Oppose EGM Of Aakash
- BYJU'S US-based lenders oppose the extraordinary general meeting (EGM) called by Aakash, the subsidiary of the troubled edtech startup.
- The lenders argue that the EGM may affect BYJU'S insolvency process and question the actions of the resolution professional for allowing the CEO to continue as a representative on Aakash's board.
- The EGM seeks to remove rights of minority shareholders while conferring special rights on the major shareholder's Manipal Education and Medical Group.
- Multiple minority shareholders have filed a mismanagement and oppression petition against the current management of Aakash.
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