‘Leadership change’: Bira 91 employees want removal of founder Ankur Jain; list issues to top investors
Over 250 B9 Beverages employees have petitioned for leadership change, citing governance failures and financial woes. Salaries and dues are delayed for months, impacting over 500 employees. Production paused in July, with a major investor withdrawing. The company faces significant losses and operational challenges. Founder Ankur Jain acknowledges delays and restructuring efforts.