Bira 91 founder Ankur Jain exits board, family to surrender 17.8% stake
Under a settlement with investors and lenders, Ankur Jain has relinquished executive control at B9 Beverages and his family will surrender its 17.8% holding. The debt-laden brewer is targeting recapitalisation, dues clearance and a production restart within three to six months.
Bira 91 founder Ankur Jain has exited B9 Beverages’ board, surrendered executive control and will relinquish his family’s 17.8% stake under a settlement with investors and lenders. The debt-laden brewer plans recapitalisation and aims to restart suspended production within six months.
Why this matters
The board exit deepens Bira 91’s recent crisis: HNGIL sought ₹11.19 crore in dues and threatened the IBC route, following another ₹11 crore legal notice from the glass supplier.
Leadership is steady at 823 signals in the past 90 days; no QoQ comparison was provided.