News Analysis:- CCD :- V G Siddharth: -

News Analysis:- CCD :- V G Siddharth: -

Introduction :- 

V G Siddharth Chairman and MD - CCD

Birth - Chikamanglore- Karnatak

Started - Coffee Day Enterprise Ltd

1st Generation Enterpruner 

Manglore University  MA Economics

2 years - JM Financial Experience (1983-84)

Handled - Family Business- Coffee Trading 

140 yrs Old Family Business

10K Acres Coffee Farms

Board of Member of Mind Tree

GTV Liquid, Krystal, Way2Health and Ittiam 

Started Business: Eneterpruner:- 

1993 Amalgamated Bean Company ABC (Coffee Trading)

Coffee Export

1994- Sivamn Securities

1996 CCD Started- Todays Valuation 4k Cr.

First Outlet in Banglore, Brigade Road (Success)

CCD- entered  into Real estate, Finance, Logistics 

Tagnline Developers- (Real estate) 

CCD- 1750 Outlet- 48k Vending M/c

30K Employee- CCD other 20k Employees

60k Vending M/C

DEBT:- 

CCD Debt March 2018- 4500 Cr

March- 2019 -6500 cr

Devdarshani Information Company - 1000 cr Debt

Gonibedu Coffee Estate Debt- 775 Cr

1028 Cr Debt - Personal Gurantee  V G Siddharth

SOLUTIONS:- 

Sold- Mindtree 20% Stake and earned -3200 cr

Stake sold to L& T

Plan to Sale CCD stakes to Coca Cola 

Problems:- 

IT Dept Raids on House and Offices-2014 

Tax Invasion Case - 2017

Raid Locations:- 20 Cities in Sept 2017 

CCD Debt March 2019-6547 Crore 

CCD- Illegal Shares Transactions

365 crrore Unaccounted Amount found

Problems in Software Company Mind tree

Repaid Debt 2900 crore (Disputed 50 Crrore)

Sucide incident:-  

He Went Missing

From Ullal Bridge

Netravati River Manglore

200 policemen and 25 botes search operations

Suicide Letter to CCD Staff and Family

Problems- Tax trouble, Investor, Debt 

Depressed - Value of his asset More to Repay the Debt

Found:- Diffrent Signature on the Suicide Note

NoBody Should Be Held Responcible

He is only Responcible

Last 6 months - CCD Valuation Down/fall by 40%

BSE applying lower Cercuit 

failed to start profit model - 36 years 

India- 1400 Companies Declared Bankrupt

He Did not ran away like Malya and lalit modi

CSR- Opened Many Schools

Opened speciality Hospitals

lot of Employement

Everybody is Money Minded

Learning:- 

Enterprunieship is rewarding but its not for every1

CCD- Success

First Mover Advantage / New Innovation 

Experience Marketing 

Vertical integrated Busines

Everything Company Prepares 

Focused on youth

Focused Tier1- tier2- tier3 cities