On this page
Bira 91 faces ₹11.77 crore IBC default notice from glass supplier HNGIL
Our read
Bira 91 should urgently resolve or formally dispute HNGIL’s ₹11.77 crore claim, as an IBC filing could disrupt bottle supply, strain vendor confidence, and impair operations.
Watch
Evidence of similar payment claims, statutory notices, lawsuits, or credit tightening by other vendors.
The report,
Glass maker HNGIL issued B9 Beverages, owner of Bira 91, an IBC default notice for ₹11.77 crore over unlifted customised bottles. If unpaid or undisputed within 10 days, HNGIL plans to approach NCLT for insolvency proceedings.
Get the 07:30 IST India retail brief
One email each morning: the day’s top moves in Indian retail, why each matters and what to watch. Free. Stop any time.
Reported figures
From the report. Source details below
| over 51 lakh customised | 650 ml glass bottles |
|---|
Also in the report
- ₹7.03 crore manufactured-goods value
- ₹1.12 crore storage charges
- ₹13.72 lakh credit adjustment
- around ₹1,000 crore estimated debt
What to watch next
- Management statements on the alleged dues, the customised-bottle contract, and the company’s ability to meet near-term obligations.