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Bira 91 parent B9 Beverages hit with ₹8 crore default notice amid production shutdown
Business
Published on 7 May 2026
A legal notice alleges payments were missed
B9 Beverages, the parent of craft beer brand Bira 91, has received a legal notice from Hindusthan National Glass & Industries alleging over ₹8 crore in defaulted payments. The new trouble compounds existing problems including investor disputes and delayed salaries. Production is currently suspended as founder Ankur Jain negotiates his exit, following a sharp net loss in FY24.
- HNGIL alleges B9 Beverages owes over ₹8 crore in defaulted payments
- The notice adds to investor disputes and delayed salary issues
- B9 Beverages has suspended production during founder exit talks
- FY24 financials show a significant net loss
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times