HNGIL slaps legal notice on BIRA 91 over ₹11.19 crore dues, threatens IBC route

Glass supplier HNGIL has issued a 15-day legal notice to B9 Beverages, maker of BIRA 91, demanding ₹11.19 crore in unpaid dues and lifting of 51.42 lakh customised bottles. The notice cites repeated recapitalisation delays and warns of insolvency proceedings, exposing deepening liquidity stress at the craft brewer.

— Source publishedFri, 5 Jun, 2026, 21:52 IST·First seen Fri, 5 Jun, 2026, 22:02 IST·Source The Hindu BusinessLine

What happened

Bira 91 · Glass supplier HNGIL has issued a legal notice to BIRA 91 maker B9 Beverages, demanding ₹11.19 crore in dues and lifting of 51.42 lakh customised

Key facts

  • ₹11.19 crore
  • ₹7 crore
  • ₹8 crore
  • ₹3.91 crore
  • 51.42 lakh bottles
  • 15 days

Why this matters

BIRA 91's distress and stranded customised inventory create a window for strategic acquirers or capital partners to engage on rescue terms before insolvency proceedings narrow optionality.