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Café Coffee Day controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2023

    Bankruptcy petition by IndusInd Bank

    IndusInd Bank filed a bankruptcy petition against Café Coffee Day amid continuing debt and restructuring difficulties.

  2. 2019

    Death of founder and scrutiny of financial pressures

    V. G. Siddhartha disappeared on 29 July 2019 and was found dead two days later. A letter attributed to him described financial stress and acknowledged shortcomings in the group's profitability. The events led to heightened public and corporate scrutiny.

  3. 2019

    Ernst & Young review of accounts

    Coffee Day Enterprises appointed Ernst & Young to scrutinize its books and examine circumstances associated with the founder's letter.