The agri cooperative-NACOF is geared up to welcome delegates on the occasion of its 14th Annual General Meeting to be held today at the NCUI headquarters.
The NACOF has delegates from across all states and it is expected that around 125 delegates are to arrive to become a part of the event.
Talking to the Indian Cooperative, Nacof working Chairman Ram Iqbal Singh said, “We are geared up to welcome the delegates and this year also we will announce a 10 percent dividend for our shareholders. There are around 200 shareholders”.
“In the 2022-23 FY, Nacof achieved a sales turnover of more than Rs 2200 crore and earned a net profit of more than Rs 7 crore”, he said on the phone.
The year 2022-23 could not be as good compared to the last financial year 2021-22 as far as financial figures are concerned but the overall performance was up to the mark.