Anicut Capital takes control of Bira 91 founder Ankur Jain’s 17%+ stake
The lender has assumed control of Ankur Jain and family’s stake in Bira 91, setting up a lender-led restructuring. The debt-laden brewer is expected to pursue recapitalisation, settle employee, statutory and vendor dues, and restart suspended production.
Anicut Capital has taken control of Bira 91 founder Ankur Jain’s family stake after his exit, positioning itself to lead a restructuring. The debt-laden brewer is expected to secure recapitalisation, clear employee, statutory and vendor dues, and restart suspended production.
Why this matters
The move follows signals that Anicut took Ankur Jain’s pledged 17.8% stake and that Bira 91’s board was seeking buyers for the Jain family’s stake.
Leadership is steady, with 918 signals recorded in the past 90 days.
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