The Board wishes to record its heartfelt appreciation to Mr. R A Nathan, for his stewardship of the Co-Op during the last few difficult years. He has served the Co-Op for at least a decade now; and during his term as Chairman, the Co-Op grew from strength to strength to what it is today. Loans to members have become cheaper. Payout in terms of dividends and interest (on savings) to members has increased. Membership benefits have improved and more activities are being organized for members. The Co-Op also did its part for the less-fortunate and deserving in our midst; through a special purpose fund called, “fragrance fund”. Money for this charitable act comes from fund raising activities and donations; and it is kept separate from funds of the Co-Op.