Strategic Advisor Appointed as Asgard Alcobev Strengthens Governance

Asgard Alcobev Appoints Rohit Jain as Chairman Emeritus to Strengthen Strategic Continuity​

New Delhi, March 24: Asgard Alcobev Ltd on Tuesday announced the appointment of Rohit Jain as Chairman Emeritus and Strategic Advisor to the Board, reinforcing its focus on long-term governance and strategic direction.

Five-Year Advisory Role Effective March 2026​

The company stated that its Board has approved Jain’s appointment for a five-year term, effective March 21, 2026. The role is advisory in nature, and Jain will not serve as a director.

Asgard Alcobev said the move is aimed at leveraging his extensive experience while ensuring continuity in strategic decision-making as the company advances its growth plans.

Focus on Governance and Future Growth​

According to the company, the appointment reflects its intent to strengthen governance frameworks while maintaining continuity in leadership insights. Jain will contribute in an advisory capacity, offering guidance to the Board on key strategic matters.

Rohit Jain’s Industry Experience​

Jain brings diversified experience across multiple industries, including breweries, distilleries, cement, and steel. The company highlighted his long-standing involvement in the alcobev sector and related businesses.

He played a key role in supporting the founding members of CMJ Breweries Private Limited, established in 2007, and contributed to its growth into a recognized enterprise with a strong regional presence.

Link to CMJ Breweries Acquisition​

The development comes in the backdrop of Asgard Alcobev’s recent acquisition of a majority stake in CMJ Breweries, a contract brewer based in Northeast India. The company indicated that Jain’s experience with CMJ Breweries is expected to support its strategic integration and future expansion efforts.