Bira Parent Delays Interest Payouts To Debt Investments Made Via KredX: Report

B9 Beverages, the parent company of popular craft beer brand Bira, has delayed interest payouts to debt investors who participated through KredX's platform, according to sources familiar with the matter. The company has reportedly sought a 90-day extension for servicing ₹120 crore worth of short-term debt instruments due to temporary cash flow mismatches. This development comes as Bira expands production capacity and enters new international markets, requiring significant working capital. The delay affects nearly 150 high-net-worth individuals and family offices who invested in Bira's debt papers offering 18-22% annual returns. Company executives assure that this is a temporary liquidity issue and all obligations will be met after the harvest season when beer sales typically peak. The incident highlights the risks in alternative investment platforms offering high-yield debt products linked to emerging consumer brands.