KOTA, OCT. 7. The Kota Employees Cooperative Society Limited No. 108 R will mark its 106th year of cooperative service with its Annual General Meeting and Convention on October 11. The programme will be held at 11 am at the UIT Auditorium on Rangbari Road in Balaji Nagar.
Lok Sabha Speaker Om Birla will attend the programme as the chief guest, while Cooperative Minister Gautam Dak will preside over the function. Education Minister Madan Dilawar, Energy Minister Hiralal Nagar, Kota South MLA Sandeep Sharma and Ladpura MLA Kalpana Devi will also be present.
The programme will begin with Saraswati Vandana and flag hoisting. A booklet highlighting the society's journey and achievements will also be released on the occasion by cooperative leader and Nagarik Sahkari Bank Chairman Rajesh Krishna Birla. As many as 251 senior regular members of the society will be honoured during the function.
The society, which began its journey with just 330 members, now has a membership of 5,195. It has also witnessed substantial financial growth over the years. As of March 2026, its working capital stood at Rs 227.74 crore, including capital of Rs 10.12 crore, reserve funds of Rs 7.67 crore and security deposits of Rs 183.69 crore.
During the financial year 2025-26, the society disbursed loans amounting to Rs 24.15 crore, while the outstanding loan amount stood at Rs 55.70 crore. The society recorded a net profit of more than Rs 1.64 crore during the year.
Rajesh Krishna Birla recalled the contribution of late Shri Krishna Birla, who served the society from 1960 to 2020 and played a key role in its development. During his tenure, several major initiatives were introduced, including construction of the society's building, savings accounts, recurring savings accounts, fixed deposits and complete computerisation of operations.
The second session of the AGM will discuss the society's audited accounts for 2025-26, proposed budget for 2026-27, appointment of auditors and audit-related matters. A proposal to provide a 10 per cent dividend to members on their shares and incentives to members who repay their loans on time will also be considered.
Society president Dr Meenu Birla said special efforts would be made to connect more young members with the organisation. She said the energy, ideas and participation of the younger generation would help carry forward the legacy of the 106-year-old cooperative society.
