New Delhi, March 24 -- Brewery stock Asgard Alcobev shares jump nearly 4% on Tuesday, March 24 following the appointment of Rohit Jain as Chairman Emeritus & Strategic Advisor to the Board for a five-year term, the beverage company aims to retain and establish experienced leadership at a strategic level.

Jain offers a diverse background that includes experience in breweries, distilleries, cement, steel, and related industries. As a founding member of CMJ Breweries, which was launched in 2007, he played a key role in transforming the company into a well-recognized entity with a regional footprint and market credibility.

His expertise in business expansion, with an emphasis on maintaining quality and cost efficiency, along with his profic...