Bira 91 hit with fresh ₹11 Cr legal notice from glass supplier HNGIL amid mounting crisis
Glass vendor HNGIL has served B9 Beverages a ₹11.19 Cr legal notice over unlifted bottle inventory and unpaid dues, deepening Bira 91's vendor, financial and governance troubles. The craft beer brand already faces ₹300 Cr in liabilities and an ₹80 Cr inventory write-off despite a recent ₹400 Cr investor injection.
Glass supplier HNGIL has issued a fresh ₹11.19 Cr legal notice to Bira 91 parent B9 Beverages over unlifted bottle inventory and unpaid dues, escalating the craft beer brand's mounting financial, vendor, and governance crises.
Why this matters
The HNGIL notice escalates Bira 91's vendor disputes, layering on top of ₹300 Cr liabilities, an ₹80 Cr inventory write-off and governance concerns that persist despite a ₹400 Cr funding round.
Retail-brand signals steady at 1,016 over the last 90 days.
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