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B9 board, investors set out to find buyers for founder Ankur Jain's stake
Bira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buyers. They have reached out to various family offices and corporate entities to facilitate the sale. To resume operations, the company estimates an infusion of approximately ₹500 crore will be necessary.
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economictimes.indiatimes.com
Bira 91 beer founder Ankur Jain quits board, gives up control in settlement
Bira 91 founder Ankur Jain has stepped down from the company's board. He is giving up all executive powers and ownership to settle disputes. The company faces a severe financial…
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newsbytesapp.com
Bira 91 founder Ankur Jain exits board, gives up stake
Bira 91 founder Ankur Jain and his family will leave the company's board and executive roles immediately following a settlement with lenders, ending their operational involvement.
