Ruia College Co-op Society Declares 7% Dividend

The Ramnarain Ruia College Employees’ Co-operative Credit Society Ltd. held its 13th Annual General Meeting (AGM) on 8 September 2026 at Ramnarain Ruia College, Matunga, Mumbai.

The meeting was chaired by the Society’s Chairman, Mr. Pravin B. Dalvi.

A key outcome of the meeting was the declaration of a 7% dividend for the Society’s members, reflecting its strong financial performance.

The Chairman welcomed all members present and delivered his address, while the Secretary, Mr. Mahendra M. Pednekar, presented the agenda items and read out the minutes of the previous AGM.

The meeting was attended by several members of the Managing Committee, including Mr. Shailesh Shelar, Treasurer, and other prominent members.

The Chairman expressed his gratitude to all members for their support and cooperation in the Society’s functioning and development.

The meeting concluded with the singing of the National Anthem.

The declaration of a 7% dividend is a significant development for the Society’s members, indicating the organization’s commitment to their welfare.

The Ramnarain Ruia College Employees’ Co-operative Credit Society Ltd. has been serving its members with various financial services and benefits.

The Society’s continued financial performance is a testament to its effective management and the trust of its members.

As a co-operative credit society, it aims to provide financial assistance and support to its members, promoting their economic well-being.

The 7% dividend declaration is expected to benefit the Society’s members, who can use the dividend to meet their financial needs or save for the future.

In the context of the current economic scenario, the declaration of a 7% dividend is a positive development for the Society’s members.

The Ramnarain Ruia College Employees’ Co-operative Credit Society Ltd. will continue to work towards providing better services and benefits to its members, ensuring their financial stability and security.

The Society’s commitment to its members is evident from its consistent financial performance and the declaration of a 7% dividend, which will have a positive impact on the members’ lives.