Rons Bantwal
Daijiworld Media Network – Mumbai (VM)

Mumbai, Aug 16: The 12th annual general meeting of Malaika Multi State Co-operative Credit Society was held at St Joseph’s Church Hall in Meera road on Tuesday August 14.

Prior to the meeting, Fr Dominic Vas celebrated the mass and later inaugurated the meeting by lighting a lamp.Gilbert P Baptist presided over the meeting.

Addressing the gathering, Fr Vas said, “Entrepreneur Gilbert is a determined person. Let this company which helps monetarily backward people with its products gain trusts of the customers and progress.”

VP Lobo, managing director of T3 urban developers limited company and IH Chavvan, chief auditor of Malaika were the main guests who shared the dais.

For the financial year 2012-13, Malaika Company has Rs 17.37 crores of fixed deposits, Rs18.42 crores of advances, Rs 70.01 lac of shares and profit of Rs 22.34 lac.
Gilbert Baptist in his presidential address announced 14% dividend to shareholders. He said the company has setup its branches in Mangalore and Bantwal mainly to reach the needs of its customers.

Lawrence Alvares welcomed the gathering and Manohar R Shetty proposed the vote of thanks.

Charles Patrao, Helen D’Souza, Peter D’Souza Mulund, Stany Lobo, Malaika G Baptist, Sonika Baptist, Yashika Baptist, Elsi J Rodrigues, treasurer, Dinesh T Poojary, Loyal Baptist, Sushanth S Sabath, Serofina Lopez, Prakash Kotian, Teza Ravindra Shetty, Alphonse Corda, Noel Mascarehas among many others were present.