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Live Updates: CCD board appoints SV Ranganath as interim chairman after body of Siddhartha recovered

Siddhartha Is The Founder-owner Of CCD, A Chain Of Coffee Outlets In India, And Has Been Its Chairman And Managing Director Since January 17, 2015.

News Nation Bureau | Edited By : Raghwendra Shukla | Updated on: 31 Jul 2019, 03:09:35 PM
VG Siddhartha was last seen near Netravati dam site. (File Photo: PTI)

VG Siddhartha was last seen near Netravati dam site. (File Photo: PTI)

New Delhi:

The body of Cafe Coffee Day founder VG Siddhartha was recovered over a day after he went missing under suspicious circumstances. It was found at around 6:30 am on the banks of Netravati River near Hoige Bazaar in Mangaluru on Wednesday morning. Siddhartha went missing mysteriously since Monday night en route to the coastal Mangaluru city in Karnataka. He was last seen near Netravati dam site. Teams of National Disaster Response Force, Coast Guard, Home Guard, fire services and coastal police were involved in massive search operation across the swollen Nethravathi river to trace the coffee tycoon.

Catch live updates here: 

3:00 pm: Siddhartha's body reaches at ABC office premises in Chikamagaluru.

2:30 pm: Share of Sical Logistics, another listed company owned by VG Siddhartha, fell 20 per cent.

1:55 pm: Next board meeting off CCD to be held on August 8th.

1:45 pm: CCD appoints SV Ranganath as interim chairman of the board and Nitin Bagmane as Interim Chief Operating Officer.

1:20 pm: Opportunistic political vultures flocking in full force totally disconnected from the emotions of family members of VG Siddhartha, tweets BJP Karnataka.

12:10 pm: SM Krishna leaving from his house to Jakkur airbase from where he will take a chopper to Chikkamagaluru. 

11:50 am: All outlets of Cafe Coffee Day to remain shut on Wednesday across the country.

11:30 am: Rithesh, the fisherman who spotted the body of VG Siddhartha today.

11:00 am: Congress MP Manish Tewari has given Adjournment Motion Notice in Lok Sabha over 'Harassment  by Income Tax officials led to VG Siddhartha's death'.

10:45 am: Chief Minister BS Yediyurappa to travel to Chikkamagaluru to pay his homage to VG Siddhartha.

10:30 am: Karti Chidambaram on VG Siddhartha's death.

10:20 am: The death of V G Siddhartha is both disturbing and mysterious, tweeted Siddaramaiah.

9:50 am: Later, mortal remains will be taken to Chetanhalli Estate in Mudigere Taluk for last rites.

9:40 am: Mortal remains of VG Siddhartha will be kept for public viewing at ABC office in Chikamagaluru from 2 pm to 4:30 pm.

9:30 am: A thorough probe is needed, tweets Sanjay Nirpuam.

9:20 am: Senior Congress leader Abhishek Singhvi also tweets about Siddhartha's death. 

9:10 am: Family members Siddhartha have reached Mangaluru. 

8:50 am: VG Siddhartha case is very unfortunate, tweets Karnataka Congress.

8:30 am: Siddhartha body is expected to be taken to his village Cheekanahalli near Chikkamagaluru.

8:15 am: Team of doctors reached at the Wenlock Hospital to conduct the postmortem of VG Siddhartha's body.

8:00 am: Friends and relatives have confirmed that the body is of V G Siddhartha, says Mangalore MLA U T Khader.  

7:45 am: We found the body early morning today. It needs to be identified, we have already informed the family members. We are shifting the body to Wenlock Hospital. We will continue further investigation: Mangaluru Police Commissioner Sandeep Patil 

7:30 am: Body of VG Siddhartha, famous as coffee king, was recovered after 36 hours of frantic search by the local authorities.

7:00 am: VG Siddhartha's body recovered by local fishermen.

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First Published : 31 Jul 2019, 03:09:35 PM