Ronak Jain Named Managing Director at Asgard Alcobev
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Asgard Alcobev Appoints Ronak Jain as MD for 5 Years, Bolsters Leadership Team
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News18•23-03-2026, 18:15
Asgard Alcobev Appoints Ronak Jain as MD for 5 Years, Bolsters Leadership Team
•Asgard Alcobev Ltd announced the appointment of Ronak Jain as its new Managing Director for a five-year term.
•Jain brings over 15 years of experience in the liquor and beer industry, aiming to drive strategic realignment and long-term growth.
•The company, formerly Banganga Paper Industries Ltd, also appointed Priyanka Jain as Additional Director (Non-Executive) and Binit Singhania as CFO & Finance Director.
•These appointments are part of Asgard Alcobev's strategic realignment, transitioning from paper manufacturing to alcoholic beverages.
•Asgard Alcobev recently acquired a majority stake in CMJ Breweries in Northeast India.