Bira 91’s ₹100 Cr Rights Issue: Turnaround Story or Trouble Brewing?

India’s most iconic craft beer brand, Bira 91, is in the middle of a high-stakes transformation. From shutting down its largest brewery to launching a ₹100 Cr rights issue at a steep discount—2025 has tested Bira’s resilience.
In this video, we break down:
What triggered the capital raise
The financial cracks behind the scenes
Strategic shifts to cut costs and drive growth
The big bets on UP, compliance, and fundraising
Is this the beginning of a bold turnaround—or a warning sign for investors in India’s unlisted market?
