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Cafe Coffee Day names S V Ranganath as interim chairman

Co-founder V G Siddhartha was confirmed dead by the police on Wednesday

Reuters 

Cafe Coffee Day outlet in Connought Place in New Delhi | Photo - Dalip Kumar
Cafe Coffee Day outlet in Connought Place in New Delhi | Photo - Dalip Kumar

Coffee Day Enterprises Ltd named S.V. Ranganath as interim chairman after founder V.G. Siddhartha was confirmed dead by the police on Wednesday.

Ranganath is currently a non-executive independent director.

The company has also set up a committee that will be vested with the powers of the chief executive and explore opportunities to deleverage the Coffee Day Group, the company said.

First Published: Wed, July 31 2019. 14:30 IST
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