The 2nd annual general body meeting of Sanghamam Multistate Co-operative Credit Society Ltd. was held at Kozhikode. Members from Tamil Nadu, Kerala and Pondicherry attended the meeting. The meeting reviewed the annual report and audited report for the year 2012-2013, analysed the progress so far, and set targets and the budget for 2013-2014.
Sanghamam President T. K. Hussain, in his presidential speech, stressed that society is waiting for the mission of Sanghamam to be fulfilled so that poverty and growing socio-economic disparities can be eliminated. He urged all members to rise to the occasion and take responsibility for social transformation as envisaged by Sanghamam.
The Annual Report and Audited Report for 2012-2013 were presented and passed after discussion. Managing Director K. Shamsuddin presented the budget and operational targets for 2013-2014.
Vice President Thufail Ahmed presented a brief report on the Vaniyambadi branch. P. M. Haris from Ernakulam, Shahul Hameed from Virudhunagar and Akbar Ali from Coimbatore presented updates on activities for opening branches in their respective areas. It was informed that all remaining 5 branches will be opened this year as targeted.