Sanoor Milk Producers’ Cooperative Society holds 21st Annual General Body Meeting
65% Bonus, 15% Dividend distributed
Coastal Talk News | Karkala
The 21st Annual General Body Meeting of Sanoor Milk Producers’ Cooperative Society for the year 2025-26 was held at the Sanoor Suvarna Gramodaya Soudha on Thursday, September 24. Society president Sanoor Narasimha Kamath presided. Sanoor Milk Producers’ Cooperative Society has maintained its ‘A’ grade in auditing for several consecutive years. The society recorded a profit of Rs 3,02,518.51 during the current financial year and distributed a 65% bonus and 15% dividend to its dairy farmer members, president said.
He observed that in most rural areas, elderly people continue to be engaged in dairy farming and stressed the need for younger generations to take greater interest and responsibility in the sector for its future development. In the general body meeting, a resolution was passed urging the state government, the union and the Karnataka Milk Federation to increase the government incentive for quality milk production by Rs 5 per litre. It also sought a subsidy of at least Rs 5 per kg on Nandini cattle feed, citing the rising cost of dairy farming and the increasing price of cattle feed. Society vice-president Royal Noronha welcomed the gathering. Chief Executive Officer Santhosh Shetty read out and presented the proceedings of the 2024-25 annual general body meeting for approval. Director Jay Shettigar presented the annual report, while another director Yashodha Suvarna presented the estimated budget for 2026-27. Director Somashekar Rao provided details on the society’s activities and various schemes.
