A petition has been signed by 250+ employees of B9 Beverages, the parent company of Bira91, demanding the removal of founder and CEO Ankur Jain. The petition cites alleged corporate governance lapses, financial distress, and prolonged salary delays, as reported by ET. It has been addressed to the company’s board, major investors Kirin Holdings and Peak XV Partners, and its largest lender, Anicut Capital.

The employees have alleged “corporate governance failures, lack of transparency, delayed employee dues and vendor payments”, and pointed to pending creditor cases that highlight the company’s “deteriorating financial health”. According to people aware of the matter, the petition, circulated shortly after a town hall meeting in September, has the backing of nearly all current employees.

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