India, May 28 -- Karnataka chief minister Siddaramaiah will announce on Thursday whether he has decided to step down from the top job after a breakfast meeting at his official residence with his deputy and challenger DK Shivakumar and other cabinet colleagues, with two party lawmakers indicating that the 77-year-old veteran was set to resign.

People aware of the matter said Siddamaraiah was likely to meet governor Thawarchand Gehlot in the afternoon after the breakfast meeting, which might be attended by the party leadership. The leaders cited above also said that several formulas were being discussed if Siddaramaiah chose to step aside, including one where multiple deputy CMs are appointed.

"I will speak tomorrow," the CM said, after p...