Asgard Alcobev appoints Manish Garg as Senior Management Personnel
- Manish Garg appointed as Senior Management Personnel at Asgard Alcobev Ltd effective September 23, 2026
- Garg possesses 32+ years of experience in Food & Beverage manufacturing across Carlsberg, Cargill, Nestlé, and Dabur JV
- Previously served as Head of Capex and Engineering at Carlsberg India, managing expansion projects worth ~₹2,000 crore
- Appointment approved by Board of Directors based on Nomination and Remuneration Committee recommendation
*this image is generated using AI for illustrative purposes only.
Asgard Alcobev appointed Manish Garg as Senior Management Personnel effective September 23, 2026. The appointment follows the recommendation of the Nomination and Remuneration Committee, approved by the Board of Directors in a meeting held on the same date.
Garg brings over 32 years of cross-functional experience in the Food & Beverage sector. His career includes significant tenures at global and domestic majors such as Carlsberg, Cargill, Nestlé, Dabur JV, and Dalmia's. He joins the company after serving as Head of Capex, Engineering, Packaging, Utility & Maintenance at Carlsberg India until his retirement in February 2026.
Professional background and expertise
Garg’s profile highlights extensive leadership in plant operations and manufacturing within the beverage industry. His recent role at Carlsberg India involved overseeing greenfield and brownfield expansion projects valued at approximately ₹2,000 crore (~$210 million). This experience aligns with Asgard Alcobev’s operational needs in the alcoholic beverages sector.
His educational qualifications include a B.E. in Mechanical Engineering from Rajasthan University. He holds additional certifications in Brewing & Packaging Technology from VLB Berlin, along with credentials in Total Productive Maintenance (TPM), Reliability, Food Safety, and Construction Safety.
Career trajectory
The disclosure outlines Garg’s professional journey across key organizations in the manufacturing and consumer goods space:
- Dalmia Industries: Early career foundation.
- Nestlé subsidiary: Experience in multinational FMCG operations.
- Dabur JV: Joint venture management exposure.
- Cargill India: Agribusiness and food processing roles.
- Carlsberg India: Tenure from October 2009 to February 2026, culminating in a senior engineering and capex leadership role.
Regulatory compliance
The appointment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the necessary disclosures to BSE Limited, including details on the reason for change, date of appointment, and brief profile, in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Historical Stock Returns for Asgard Alcobev
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.67% | +3.89% | +12.66% | -38.59% | -30.68% | +334.84% |
How will Manish Garg's expertise in managing ₹2,000 crore capex projects influence Asgard Alcobev's upcoming capacity expansion plans?
What specific operational efficiencies or cost-saving measures can investors expect from Garg's implementation of Total Productive Maintenance standards at Asgard?
Will Garg's extensive experience with global majors like Carlsberg and Nestlé facilitate potential partnerships or technology transfers for Asgard Alcobev?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
