Ministry of Corporate Affairs questioned BYJU’s regarding the delay in filing financial results

The Ministry of Corporate Affairs has asked BYJU’s, the edtech giant, to explain why the audited financial statements for FY21 were not filed on time.

This follows media reports 10 days ago that the edtech behemoth was set to release its financial statements ‘within a week,’ as its auditor Deloitte had finished auditing the financial statements. According to a Moneycontrol report citing sources, the ministry wrote to BYJU’s earlier this month to explain the nearly a year and a half delay in filing its audited financial statements.