Bira 91 revival plan: Anicut-led board offers to buy out key investors

B9 Beverages, the maker of Bira 91, is attempting to recapitalize amid financial struggles. The company seeks to acquire stakes from major investors like Kirin Holdings and Peak XV Partners. Anicut Capital, its largest lender, has taken over control following disputes with founder Ankur Jain. Settlement offers have been made to creditors and large vendors to facilitate operations.