Amid ongoing power tussle in Gujarat Co-operative Milk Marketing Federation (GCMMF), which owns Amul brand, seems far from getting resolved. In a dramatic twist, the requsition board meeting convened on June 30 to take a call on the resignation tendered by BM Vyas from the post of managing director was cancelled late on Tuesday.
"Eight out of 13 member unions have sent letters to cancel the requisition board meeting, the same has been cancelled," GCMMF said in an official statement. The eight members are affiliated with BJP, sources said. Earlier, majority of board of directors had asked Sodhi to hold a requisition meeting to discuss the issue of BM Vyas' resignation. Subsequently a special board meeting was called on 30 June.The meeting was called in the wake of some of the dissident board members opposing GCMMF chairman Parthi Bhatol's unilateral decision to accept Vyas' resignation.
According to sources, the meeting was cancelled following Bhatol's letter to all the member unions explaining the reasons for accepting Vyas' resignation. However, rebel members could not be contacted for their comment.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
