Investors move to oust Bira 91 founder as name-change disaster triggers financial meltdown

Investors move to oust Bira 91 founder as name-change disaster triggers financial meltdown

What began as a routine corporate restructuring ahead of an IPO has spiralled into a full-blown crisis for Bira 91. A technical misstep in the company’s name-change process led to widespread sales disruptions, heavy financial losses, and unpaid dues, prompting investors and employees alike to question the leadership of founder Ankur Jain…
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