Bira 91 hit with fresh ₹11 Cr legal notice from glass supplier HNGIL amid mounting crisis
Glass vendor HNGIL has served B9 Beverages a ₹11.19 Cr legal notice over unlifted bottle inventory and unpaid dues, deepening Bira 91's vendor, financial and governance troubles. The craft beer brand already faces ₹300 Cr in liabilities and an ₹80 Cr inventory write-off despite a recent ₹400 Cr investor injection.
What happened
Glass supplier HNGIL has issued a fresh ₹11.19 Cr legal notice to Bira 91 parent B9 Beverages over unlifted bottle inventory and unpaid dues, escalating the
Key facts
- ₹11.19 Cr dues
- 51.42 Lakh bottles
- ₹7 Cr inventory
- ₹3.91 Cr bank guarantees
- ₹80 Cr inventory write-off
- ₹300 Cr total liabilities
- ₹400 Cr investor injection
- $200 Mn raised
Why this matters
Mounting vendor litigation and governance strain make Bira 91 a distressed-asset watch—potential opening for strategic acquirers or craft-beer consolidators willing to absorb liabilities.
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