Regional News

S V Ranganath named as interim chairman of Coffee Day Enterprises

he meeting of Board of Directors held on Wednesday in which S V Ranganath was appointed as the interim chairman of the Coffee Day Enterprises.

The next meeting of the Board is scheduled on August 8.

V G Siddhartha, the founder of India’s biggest coffee chain, Cafe Coffee Day, was confirmed dead on Wednesday, days after he went missing.

Shares of Coffee Day Enterprises Ltd further plummeted 20 per cent to hit its lowest trading permissible limit for the day on Wednesday.

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