Asgard Alcobev, formerly known as Banganga Paper Industries Limited, has strategically transformed into a forward-looking beverages company in India, expanding into large-scale brewing and contract manufacturing.
With the acquisition of CMJ Breweries, an advanced beer manufacturing plants in India, Asgard now operates at the forefront of modern brewing infrastructure in Northeast India.
Through its subsidiary CMJ Brewery, the Group delivers high-volume production for leading domestic and international brands, positioning itself among trusted beer manufacturers in India and reliable partners for Contract Brewing India.
Today, Asgard Alcobev stands as a growth-driven enterprise combining automation, compliance, and scalable infrastructure strengthening its presence among premium breweries in India.
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To build Asgard Alcobev into a future-ready beverages enterprise by combining advanced manufacturing infrastructure, strong subsidiary operations, and disciplined execution delivering premium products with consistency.
To establish Asgard Alcobev as a nationally dominant and globally respected name in the alcoholic beverages industry, creating long-term value through scale, diversification, and operational excellence.
At Asgard Alcobev, our foundation is built on excellence in manufacturing, where world-class production standards, strict quality control, and regulatory compliance ensure consistency and reliability at every stage.
Asgard Alcobev Limited (formerly known as Banganga Paper Industries Limited) has completed the acquisition of 78.90 per cent of the equity share capital of CMJ Breweries...
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Asgard Alcobev has acquired a majority stake in CMJ Breweries. This move makes CMJ Breweries a subsidiary of Asgard Alcobev. CMJ Breweries is a contract brewing facility...
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Asgard Alcobev, the company formerly known as Banganga Paper Industries, has forayed into the alcoholic beverages business after acquiring a majority stake in Shillong...
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On Wednesday, shares of Banganga Paper Industries Ltd jumped 9.58 per cent to Rs 51.38 per share from its previous closing of Rs 46.89 per share. The stock’s 52-week high...
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Asgard Alcobev, formerly known as Banganga Paper Industries, has entered into a strategic agreement with Mohan Meakins (Solan) to brew and sell the iconic Golden Eagle Beers...
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Asgard Alcobev has appointed Ronak Jain, an industry veteran, as Managing Director, effective March 19, 2026. With over 15 years of experience in the liquor and beer...
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