Coffee Day Enterprises tanks 20% as co-founder VG Siddhartha goes missing

Shares of Sical Logistics, another Siddhartha-promoted company saw its shares plunge 20% to Rs 72.8 in intra-day trade

Shares of Coffee Day Enterprises plunged 20 per cent to hit the lower circuit limit of Rs 154.05 on the BSE on Tuesday, after reports said VG Siddhartha, the co-founder of the country's largest coffee chain, has been missing since Monday night. Shares of Sical Logistics, another Siddhartha-promoted company saw its shares plunge 20 per cent to Rs 72.8 levels on the BSE in intra-day trade.

Siddhartha is suspected to have jumped off a bridge in Mangaluru last night, the Times of India reported on Tuesday. READ MORE

According to the report, the news emerged after the