Cafe Coffee Day shares slump, hits an all-time low after its founder VG Siddhartha goes missing. VG Siddhartha, the son-in-law of former Karnataka CM SM Krishna, is missing since Monday evening. VG Siddhartha’s stake in the company stands at 32.75% of which 71.4% are pledged. Stocks of CCD has fallen over 41% in the last 6 months and over 22% in a week’s period. CCD’s market capitalization reduces to Rs 3,254.33 Cr from Rs 4067.65 Cr the previous trading day. Bengaluru-based CCD is India’s largest coffee chain.
Cafe Coffee Day shares slump, hits an all-time low after its founder VG Siddhartha goes missing
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