Daijiworld Media Network – Mangaluru

Mangaluru, Nov 5: The 36th annual general meeting of Pragathi Cooperative Society (Ltd), which has been serving the people of Kulshekar here for the past 37 years, was held at the Cordel Church Hall on Sunday.

Presiding over the meeting, society president Jossy Sequeira said that the membership had increased to 5,021 during 2025-26, with the members' share capital reaching Rs 87 lac.

He further stated that the society's turnover had increased significantly from Rs 219 cr in 2024-25 to Rs 311 cr in 2025-26, registering a growth of approximately Rs 92 cr.

On the occasion, two women members of the society, Irene Leena Sequeira, who received the Best State Teacher Award, and Favy Jacinta Miranda, who received the Best District Teacher Award, were felicitated.

Financial assistance amounting to Rs 1.80 lac was distributed among eight critically ill members of the society towards their medical treatment. In addition, 10 meritorious students were felicitated and presented with cash awards.

The report of the 2024-25 annual general meeting was read out by director Donald Bantwal, while the annual administrative report for 2025-26 was approved by director Alice Lobo.

Director Rohan Joseph D'Silva was present on the occasion. Director Roman Basil Lobo compered the programme, while executive officer Francis Praveen Crasta proposed the vote of thanks.