Bira 91 founder Ankur Jain exits board, relinquishes control as company faces ₹1,000 cr debt
Ankur Jain has stepped down from B9 Beverages’ board, giving up all executive powers and his 17.8% stake to settle a dispute. The brewer, crippled by a ₹1,000 crore debt and halted production, will be recapitalised by existing investors and aim to resume operations in 3–6 months.