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.

Bistro chain Coffee Day Enterprises on Tuesday affirmed that Chairman and Managing Director V G Siddhartha has been absent since Monday evening. “V G Siddhartha, Chairman and Managing Director of Coffee Day Enterprises Limited isn’t reachable since yesterday evening. We are taking the assistance of concerned specialists,” Coffee Day Enterprises said in an administrative documenting.

“Organization is expertly overseen and driven by skilled authority group, which will guarantee progression of business,” the documenting included. Portions of Cafe Coffee Day Enterprises failed 20 percent and hit the lower circuit limit just as 52-week low of Rs 154.05 each on BSE after news surfaced that its author has disappeared.

In his last letter to the load up, Siddhartha said he had battled for quite a while, yet was surrendering as he couldn’t take any more weight from one of the private value accomplices who was driving him to repurchase shares. Siddhartha said that “colossal weight” from different banks had caused him to surrender to the circumstance.

Here is a rundown of the CCD board individuals

Malavika Hegde: Wife of Mr. V.G. Siddhartha and little girl of previous Karnataka CM, SM Krishna, she is accountable for the general obligations of working the accommodation business since 2008.

S.V. Ranganath: An officer of Karnataka of 1975 cadre of the Indian Administrative Service, Ranganath has worked as a civil servant in various capacities, including as…