Paushak announced that the 47th Annual General Meeting (AGM) of the company will be held on 4 August 2020.

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Paushak announced that the Board of Directors of the Company at its meeting held on 19 May 2020, has recommended a Final dividend of Rs.6 per share (i.e.60%), subject to the approval of the shareholders.

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Net profit of Paushak declined 34.26% to Rs 6.37 crore in the quarter ended March 2020 as against Rs 9.69 crore during the previous quarter ended March 2019. Sales declined 24.05% to Rs 29.28 crore in the quarter ended March 2020 as against Rs 38.55 crore during the previous quarter ended March 2019.

For the full year,net profit declined 10.40% to Rs 34.91 crore in the year ended March 2020 as against Rs 38.96 crore during the previous year ended March 2019. Sales declined 1.15% to Rs 137.90 crore in the year ended March 2020 as against Rs 139.51 crore during the previous year ended March 2019.

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Paushak announced that the Board of Directors of the Company at its meeting held on 19 May 2020, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

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