The Thirtieth Annual General Body Meeting (AGM) of KRIBHCO was held on 20th May, 2010. During the course of discussion, the delegates appreciated the commendable performance of the Society, especially in production and marketing fronts. The delegates also appreciated the sincere efforts put in by the Society in implementing the suggestions made by them in the last AGM.
MEMBERSHIP AND SHARE CAPITAL
The paid up Share Capital of the Society is Rs. 390.61 crore as on November 30, 2010. The total number of member Share holders of the Society as on November 30, 2010 was 7367 as against 6546 as on March 31, 2010. During the period, Society has refunded Share Capital of Rs. 87.40 crore to Govt. of India and its share capital holding is 26% of the total paid up share capital.
KRIBHCO has been paying an uninterrupted dividend to its members since the financial year 1986-87. Keeping pace excellent performance, KRIBHCO has maintained a dividend rate of 20% for the last six years. Accordingly, KRIBHCO has paid an amount of Rs. 1341.18 crore up to 31st March 2010 to its members including Government of India.