OYO Has Filed for Bankruptcy? Ritesh Agarwal Refutes Claims Made in Viral PDF and Text Message, Terms It ‘Absolutely Untrue and Inaccurate’; Read Statement

Amid fake claims that OYO has filed for bankruptcy, Ritesh Agarwal, the Founder & Group CEO of the hospitality firm issued a clarification saying that the viral message and PDF file doing rounds on social media platforms is 'absolutely untrue and inaccurate'. "There is a PDF and text message circulating that claims OYO has filed for bankruptcy. This is absolutely untrue and inaccurate. A claimant is seeking INR 16Lakhs (USD 22k) from OYO's subsidiary leading to a petition at NCLT.", Agarwal tweeted.

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