Joint Venture17 Mar 2026, 08:41 pm
Banganga Paper Industries' Subsidiary Enters Manufacturing Agreement with Brews & Bliss LLP for Mohan Meakin's Golden Eagle Beer Brands
AI Summary
Banganga Paper Industries Ltd. has announced that its subsidiary, CMJ Breweries Private Limited, has entered into a Manufacturing Agreement with Brews & Bliss LLP for the production of Mohan Meakin Limited's Golden Eagle beer brands. The agreement covers the entire North-East Region of India, including Meghalaya, Tripura, Assam, Arunachal Pradesh, Sikkim, Manipur, Mizoram, Nagaland, and Bhutan, with the potential for expansion into additional markets by mutual consent. The agreement is set to commence on 1 April 2026 and will remain valid until 31 March 2029, with a 12-month lock-in period linked to the minimum guaranteed quantity commitment to CMJ Breweries Private Limited.
Key Highlights
- Banganga Paper Industries' subsidiary, CMJ Breweries Private Limited, has entered into a Manufacturing Agreement with Brews & Bliss LLP
- The agreement covers the production of Mohan Meakin Limited's Golden Eagle beer brands for the North-East Region of India
- The agreement is valid from 1 April 2026 to 31 March 2029
- There is a 12-month lock-in period linked to the minimum guaranteed quantity commitment to CMJ Breweries Private Limited
- The territory includes Meghalaya, Tripura, Assam, Arunachal Pradesh, Sikkim, Manipur, Mizoram, Nagaland, and Bhutan, with the possibility of expansion into additional markets