Representative picture from file.
Asgard Alcobev Ltd on Monday mentioned it has appointed Ronak Jain as new Managing Director.
With over 15 years of expertise within the liquor and beer trade, Jain is ready to drive the corporate’s strategic realignment and long-term development, an organization assertion mentioned, including that the appointment is for a interval of 5 years.
Rohit Jain is a seasoned entrepreneur with diversified expertise throughout breweries, distilleries, cement, metal, and allied industries, the corporate mentioned.
The rising alcoholic drinks producer, beforehand identified as Banganga Paper Industries Ltd, additionally introduced two extra appointments — Priyanka Jain as Additional Director (Non-Executive) and Binit Singhania as Chief Financial Officer (CFO) & Finance Director.
These appointments underscore Asgard Alcobev’s ongoing strategic realignment. Having transitioned from its legacy paper manufacturing enterprise to the alcoholic drinks sector, the corporate not too long ago acquired a majority stake in CMJ Breweries in Northeast India, in line with the assertion.
(Only the headline and film of this report might have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)
First Published: Mar 23 2026 | 8:17 PM IST