Former Amul Managing Director R S Sodhi Joins Reliance Industries’ Retail Unit: Report

Former managing director of the country's largest dairy brand Amul, R S Sodhi, has joined grocery division of Reliance Industries retail unit, news agency Reuters reported quoting a person with direct knowledge of the matter.

As per the Reuters report, Sodhi, who formerly led the Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns Amul, joined the federation four decades ago.
 
Earlier this year, GCMMF ousted Sodhi wirhout giving any reason. However, Sodhi had then said he had requested the federation's board to relieve him of his duties.

Sodhi had put in his papers soon after the board asked him to relinquish the charge.
     
While the reason for the sudden move could not be immediately ascertained, Sodhi said he was on an extension and had requested the board to relieve him from the responsibility of the MD.
     
"As per the resolution no.2 of the board meeting, it was proposed to end your service as the federation's MD with immediate effect. Thus, you are hereby directed to relinquish your charge as MD with immediate effect and hand it over to federation COO, Jayenbhai Mehta," according to a communication sent by the board to Sodhi.
     
The communication was signed by the federation's chairman Shamalbhai Patel and Vice Chairman Valamjibhai Humbal.
     
Sodhi said he is "very happy" with the federation's decision and refuted some reports which suggested that he has been "sacked" and his office has been "sealed".
     
"My term as MD ended two years back and I was on extension. I had requested the board to relieve me from this responsibility. The board had told me to wait for some time saying they will relieve me once they find a suitable replacement" Sodhi told reporters.