VG Siddhartha's death: CCD appoints S V Ranganath as interim chairman, here's the tragic timeline of events

After tragic death of Cafe Coffee Day(CCD) Founder V G Siddhartha, CCD board on Wednesday has issued a statement to National Stock Exchange of India (NSE)anuncing appointment of S V Ranganath as its interim chairman, Nitin Bagmane as interim chief operating officer (CEO) and constitution of an executive committee which will decide how to explore opportunities to delever i.e 'reduce its debt by sale of assets' Coffee Day Group.

Here is anuncement by Board:

VG Siddhartha's Death: Karnataka Congress Leers Siddaramaiah & DK Shivakumar Offer Condolences, Call It Mysterious

Here is a timeline of events from time Siddhartha went missing to his body's recovery:

MONDAY:

• Cafe Coffee Day Founder VG Siddhartha, son-in-law of former Karnataka Chief Minister SM Krishna, was last seen near Netravati river in Mangaluru on Monday evening. As per reports, Siddhartha left his Bengaluru residence with his driver at 11 am on Monday and en route to his estate in Sakaleshpur but n changed course to Mangaluru.
• On nearing a bridge where Netravati river joins sea, Siddhartha h car stopped and instructed his driver to park car ahe and said he will join him after a short walk. After an hour of wait, on t receiving any response from Siddhartha, he informed his family.

TUESDAY:

• Search operation for Siddhartha began early in morning with dog squs, boat services of Coastal guard and police investigation of witnesses. Soon, a National Disaster Response Force (NDRF) team was deployed to assist search operations in Mangaluru's Netravati River.
• Senior Karnataka politicians including CM BS Yediyurappa, Congress leers DK Shivakumar, BL Shankar, Siddaramaiah visited senior BJP leer SM Krishna at his residence in Bengaluru. Siddhartha's wife and two sons who live with him in his Sashivnagar residence in Bengaluru. 
• In a massive revelation, Siddhartha's last letter to his board was found in which he h emotionally explained about having failed as an entrepreneur and in his goal of creating a profitable business model, though he did also allege harassment by I-T authorities. "I hope someday you will understand, forgive and pardon me," he said, also making references to recent sale of his Mindtree stake. 
• NSE and BSE question CCD board about order of business under present circumstances, Following this, CCD itself has written a letter to National Stock Exchange (NSE) underscoring 'continuity of business' and that any update in matter will be briefed. 
• Republic TV n discovered that signature on te circulated before VG Siddhartha disappeared does t tally with his signature available in his annual reports submitted before Income Tax Department, as per IT department sources.

WEDNESDAY:

• In morning, Siddhartha's body was found on banks of Netravati River near Hoige Bazaar in Mangaluru. Condolences from major Indian businesspersons, politicians begin to pour in as his family reels under tragic loss.
• Congress leer Siddaramaiah calls for investigation into Siddhartha's death, speculating that circumstance under which Siddhartha went missing were mysterious. He furr slammed 'tax terrorism' policies which seemed to have driven entrepreneur to his death.
• CCD releases state anuncing executive appointments done by board, after confirmation of Siddhartha's death. 
• Executive committee to explore opportunities to delever i.e 'reduce its debt by sale of assets' Coffee Day Group.