Cafe Coffee Day Founder VG Siddhartha dies

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  • According to TCFS, it had a maximum exposure of₹165 crore to CCD group in FY2017-18, and that the entire amount had been repaid by March 2019:skd:
  • Coffee Day Enterprises Ltd (CDEL) had a total current liability of ₹5,251 crore as on 31 March 2019, up from ₹2,457.3 crore a year back, according to regulatory filings
No exposure to any CCD group firms: Tata Capital Financial Services
 
According to police sources, water was found in Siddhartha's lungs and his death was due to drowning. "We have received the FSL report. It corroborates the suicide theory," the commissioner said.

Nearly a month after his death, Mr Siddhartha's father 95-year old Gangaiah Hegde, who was suffering from old age-related illness and was undergoing treatment at the Gopala Gowda Shanthaveri Hospital, died on Sunday, hospital authorities confirmed.
A few days before his death, Siddhartha had visited his father, who was in coma, in the hospital.

Coffee Day Founder's Autopsy Report "Corroborates Suicide Theory": Cops
 
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