Business Standard

VG Siddhartha's wife to IAS officer: Who are the CCD board members?

Cafe chain Coffee Day Enterprises on Tuesday confirmed that Chairman and Managing Director V G Siddhartha has been missing since Monday evening.

Girls sit at the window of a Cafe Coffee Day outlet in Mumbai,
Premium

Shares of Coffee Day Enterprises tanked 20 per cent and hit the lower circuit limit as well as 52-week low of Rs 154.05 apiece on BSE after news surfaced that its founder has gone missing.

Dev ChatterjeeWeb Team
Cafe chain Coffee Day Enterprises on Tuesday confirmed that Chairman and Managing Director V G Siddhartha has been missing since Monday evening.

"V G Siddhartha, Chairman and Managing Director of Coffee Day Enterprises Limited is not reachable since yesterday evening. We are taking the help of concerned authorities," Coffee Day Enterprises said in a regulatory filing.

"Company is professionally managed and led by competent leadership team, which will ensure continuity of business," the filing added.

Shares of Coffee Day Enterprises tanked 20 per cent and hit the lower circuit limit as well as 52-week low of Rs 154.05 apiece on

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 30 2019 | 11:37 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com