Paushak - Outcome of AGM

Paushak Ltd has informed BSE that the members at the 36th Annual General Meeting (AGM) of the Company held on July 27, 2009, inter alia, have accorded to the following:

1. Adoption of Audited Balance Sheet and Profit and Loss Account of the Company for the year ended on March 31, 2009 and Report of the Directors' and Auditors' thereon.

2. Declaration of dividend at Rs 2/- (i.e. 20%) per equity share of Rs 10/- each.

3. Appointment of Mr. R M Kapadia as Director liable to retire by rotation.

4. Appointment of Mr. Amit Goradia as Director liable to retire by rotation.

5. Appointment of M/s J R S Patel & Co., Chartered Accountants, Vadodara as Auditors from the conclusion of this Annual General Meeting until the conclusion of next Annual General Meeting.