Cafe Coffee Day Founder May Be Dead

Share of Cafe Coffee Day have fallen 20% after news of its founder gone missing. V.G. Sidhartha who is founder of Cafe Coffee Day has gone missing after writing a letter to board members of company.

He was last seen near a bridge in Mangalore.

He was son-in-law of SM Krishna (former CM of Karnataka). Search is being conducted by local rescue teams.

Here is the letter written by him to his board members. He has seen recent failure in business and could not bear the pressure from Tax departments, lenders and PE.