The Board of Directors of Paushak Limited recommended dividend at INR 3 per share, that is 30% on the equity shares for the financial year 2012-13 at its meeting held on April 24, 2013.

The Board also has accepted the resignation of Mr. Santosh Jejurkar, Non Executive Independent Director of the company with effect from April 25, 2013 and appointed Mr. Abhijit Joshi as Additional Director and Whole-time Director of the company with effect from May 1, 2013 at its meeting held on April 24, 2013.