Bira 91 faces administrative woes. (Image Source: Bira) Show Quick Read Summary is AI Generated. Newsroom Reviewed
All hell seemed to have broken loose on one of India's 'chillest' beer brands, Bira 91. Cracks in Bira's foundation are now more visible than ever with over 250 employees of B9 Beverages, petitioning for the removal of founder Ankur Jain, citing governance issues, delayed salaries and unpaid vendor bills.
Speaking to ET , Jain said, "It is true that we have employee overdue that have been persisting. These range between three and five months, depending on the level of employees, and include a delay in payments of tax dues as well."
He also said that due to some "restructuring" in the company the headcount had to be reduced by by nearly 50%.
Although he denied knowle