The Unati Agri Allied and Marketing Multi State Cooperative Society Ltd (UAMMCL) operates under the framework of the Multi-State Cooperative Societies Act and its subsequent amendments. This FAQ provides a comprehensive overview of the membership process, benefits, and related aspects based on the provided documents.
Membership
Your questions, answered—learn more about our work, values, and how we’re building a better Bharat through cooperation. Moreover, discover how to become a part of UAMMCL and contribute to a cooperative movement rooted in shared growth and empowerment.
General enquiries
membership@uammcl.coop
Customer sales enquiries
+91 90567-58183
Why should I consider membership in UAMMCL?
Becoming a member of UAMMCL means becoming part of a people-powered cooperative movement.
Membership offers:- Ownership & Voice: A true democratic model: one member, one vote.
- Economic Benefits: Dividends, patronage bonuses, and fair market access.
- Growth Opportunities: Training in farming, processing, marketing, and digital tools.
- Community & Collaboration: A network of farmers, women, youth, and cooperatives working together for prosperity.
- Future-Ready Ecosystem: Access to innovations like drones, blockchain, Ayurveda, nutraceuticals, and climate-smart farming.
What types of memberships are available in UAMMCL?
We offer two categories of membership:
Ordinary Members- Have full voting rights.
- Can participate in the General Body and Board elections.
- Eligible for dividends, patronage bonuses, and governance roles.
- Do not have voting rights.
- Can access business, training, and cooperative benefits.
- Ideal for partners and supporters who want to collaborate without governance responsibility.
How can I apply for membership in UAMMCL?
1. Download/collect the membership form.
2. Submit ID proof (for individuals) or registration documents (for institutions).
3. Pay the prescribed share amount.
4. On approval by the Board, you will receive your membership certificate.
What are the rights of members in UAMMCL?
- One-member-one-vote in the General Body.
- Eligibility to contest in elections and hold office.
- Dividend and patronage returns.
- Access to cooperative training, markets, and services.
- Business linkages with UAMMCL value chains.
- Access to training, branding, and marketing platforms.
- Opportunity to collaborate in projects and supply chains.
- Participation in cooperative activities without governance obligations.
How can I purchase shares in UAMMCL?
Fill out the membership form, submit required documents, and pay the share value (₹100 per share).
- Ordinary Members: Minimum 10 shares
- Associate Members: Minimum 5 shares.
Upon approval, you’ll receive your Membership & Share Certificate.
How are dividends distributed among members?
Dividends are declared annually by the Board based on cooperative surplus.
Ordinary Members: Eligible for dividends and patronage bonuses, distributed in proportion to shares held and participation in cooperative activities.
Associate Members: May receive patronage benefits but do not participate in dividend-linked voting rights.
Shares and Dividends
Understand how shareholding works, what your investment means, and how profits are shared among cooperative members.
Nomination
Secure your investment for the future by learning how to nominate a beneficiary for your UAMMCL shares.
What is nomination in the context of shares in UAMMCL?
Nomination allows members of UAMMCL to designate someone who can claim their shares and associated benefits in the event of their demise.
How can I nominate someone for my shares in UAMMCL?
At the time of applying for membership, you can declare a nominee in the membership form. The nominee will inherit your shares and benefits in case of your demise. You may update the nominee details anytime by submitting a written request to UAMMCL.
How many shares will I get for an investment of Rs 1 lakh?
For an investment of Rs 1 lakh, you would acquire 1,000 shares in UAMMCL, given that each share is valued at Rs 100.
How does shareholding in UAMMCL differ from that in a company?
In UAMMCL, every member has one vote, regardless of the number of shares held. This ensures true democratic decision-making.
In contrast, in companies, voting power is usually proportional to the number of shares owned, giving larger shareholders more influence.
At UAMMCL, your voice matters equally—whether you hold 10 shares or 1,000.
Differences in Shareholding
Discover how UAMMCL’s democratic structure sets it apart from traditional companies—and why every member’s voice matters.
