Why is Amul not listed in stock market?
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One of the biggest & most popular dairy brands, AMUL is not listed on NSE or BSE.
And well you’ll find out why in its full form - AMUL is short for Anand Milk Union Limited. The Union in AMUL signifies that its not a private company that can easily go public.
In fact, AMUL is a cooperative society that works with the farmers associated with them and its major objective is to serve the members of the society. Around 80-% of the revenue from milk is given back to these members while the rest of it is used for other expenses.
If Amul were to list in the stock market with the same vision, would you invest in it?
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