Adani Enterp. 2561.00↑16.65(0.65%)
Adani Ports 731.25↑4.40(0.61%)
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Asian Paints 3130.00↑1.60(0.05%)
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B P C L 364.60↑0.30(0.08%)
Bajaj Auto 4640.00↑24.05(0.52%)
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Bajaj Finserv 1455.45↑16.30(1.13%)
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Britannia Inds. 4578.75↓-17.45(-0.38%)
Cipla 946.80↓-4.55(-0.48%)
Coal India 242.05↑0.55(0.23%)
Divi's Lab. 3481.10↓-32.90(-0.94%)
Dr Reddy's Labs 4552.35↑21.40(0.47%)
Eicher Motors 3676.75↓-13.60(-0.37%)
Grasim Inds 1689.95↑1.65(0.10%)
H D F C 2691.05↑40.45(1.53%)
HCL Technologies 1132.85↓-6.35(-0.56%)
HDFC Bank 1636.45↑20.65(1.28%)
HDFC Life Insur. 581.60↑4.40(0.76%)
Hero Motocorp 2741.65↓-3.50(-0.13%)
Hind. Unilever 2660.50↑8.15(0.31%)
Hindalco Inds. 422.35↑8.80(2.13%)
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IndusInd Bank 1284.65↑16.60(1.31%)
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ITC 447.10↑3.50(0.79%)
JSW Steel 704.95↑3.25(0.46%)
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Larsen & Toubro 2227.30↑8.85(0.40%)
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Maruti Suzuki 9347.10↓-52.85(-0.56%)
Nestle India 21641.15↑59.40(0.28%)
NTPC 175.60↑1.10(0.63%)
O N G C 158.05↓-5.70(-3.48%)
Power Grid Corpn 236.00↓-1.30(-0.55%)
Reliance Industr 2513.60↑7.10(0.28%)
SBI Life Insuran 1217.80↑22.05(1.84%)
St Bk of India 589.30↑3.30(0.56%)
Sun Pharma.Inds. 953.35↓-16.55(-1.71%)
Tata Consumer 793.85↑4.15(0.53%)
Tata Motors 521.35↑2.90(0.56%)
Tata Steel 107.05↑0.65(0.61%)
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Tech Mahindra 1115.20↑0.45(0.04%)
Titan Company 2753.00↑10.85(0.40%)
UltraTech Cem. 7758.50↑36.65(0.47%)
UPL 688.85↑0.75(0.11%)
Wipro 402.85↑1.15(0.29%)

Sodhi's exit from Amul shows chronic problem between management and board

The abrupt dismissal of the managing director points to a chronic problem between the milk marketing behemoth's management and its board

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Historically, Amul has been known for its organisational model managed by an elected board of directors through a managing director.

5 min read Last Updated : Jan 20 2023 | 9:33 PM IST

One of the primary reasons for setting up the Ministry of Cooperation in July 2021 was to attract “professionals” into the cooperative sector to develop the latter.

Though it is not a cooperative body in itself, the Gujarat Co-operative Milk Marketing Federation (GCMMF), popularly known by its signature brand name Amul, does raise questions on future of professionals entering the sector following its managing director R S Sodhi’s recent “unceremonious” exit.

The January 9 letter from the board’s chairman and vice-chairman to Sodhi that read “Your services as MD are being terminated with immediate effect…it is ordered that you relinquish charge immediately and hand over the same to the COO”, is not something that a future co-operative sector professional would want to read.