Bengaluru: Former IAS officer and one of the directors of Coffee Day Enterprises Board, SV Ranganath, was on Wednesday appointed the interim chairman of the board. The next meeting of the Board of Directors is scheduled to be held on August 8. (Also read: IT Raids on CCD CMD Siddhartha)
The development comes in the wake of the death of the Cafe Coffee Day (CCD) founder, VG Siddhartha. The board also said that it was “unclear” if the letter, written purportedly by Siddhartha and released on Tuesday while the search operations for the businessman were on, pertained to the Cafe Coffee Day company or his “personal holdings”.