The store managed to achieve a sales turnover of Rs.13 lakh last year and a maximum dividend of 14 per cent has been paid to its members for the last 20 Years.
Jamal Mohamed College Students Cooperative Store has been adjudged the best store among the 276 student cooperative stores functioning in Tiruchi district for the year 2012-13. It won the award for the second consecutive year.
The store has been functioning as an outstanding student store ever since it came into being in 1953. All the students of Jamal Mohamed College are enrolled as members of this store. The teaching and non-teaching members have also been admitted as members and they have to pay a share capital of Rs.100. The student store at present accounted for 109 teachers and non-teaching staff as members and over 2,500 students as associates. The store managed to achieve a sales turnover of Rs.13 lakh last year and a maximum dividend of 14 per cent has been paid to its members for the last 20 Years.K. K. Selvaraj, Managing Director, Tiruchi District Cooperative Union, handed over the shield to Khaja Nazeemudeen, Secretary and Correspondent of the College, and Khaleel Ahamed, treasurer, in the presence of Mohamed Salique, Principal, and Syed Ghayas Ahmed, secretary of the cooperative stores.
source: http://www.thehindu.com / The Hindu / Home> News> Cities> Tiruchirapalli / by Special Correspondent / Tiruchi – July 20th, 2014