SENSEX NIFTY
Paushak > Company History > Pesticides/Agro Chemicals > Company History of Paushak - BSE: 532742, NSE: N.A
YOU ARE HERE > MONEYCONTROL > MARKETS > PESTICIDES/AGRO CHEMICALS > COMPANY BACKGROUND - Paushak
Paushak
BSE: 532742|ISIN: INE111F01016|SECTOR: Pesticides/Agro Chemicals
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
Jul 30, 12:55
173.10
-2.9 (-1.65%)
VOLUME 2,942
Paushak is not listed on NSE
Company History - Paushak
YEAR                       EVENTS
 1972 - The Company was incorporated on 6th May, with the Registrar
 of
        Companies, Karnataka State at Bangalore.  The Certificate of
        Commencement of Business was obtained on 16th July.  The main
        objective of the company is to manufacture Traders,
 merchants,
        importers, exporters and buyers and also representatives or
        agents of manufacturers.
 
      - The Company is at present handling the marketing and
 distribution
        of drugs and pharmaceuticals, pesticides and Indian made
 foreign
        liquors manufactured by Alembic Chemical Works Co. Ltd.,
 Baroda,
        Paushak Ltd., Baroda and Nirayu Pvt. Ltd., Whitefield,
 Bangalore
        respectively.  The company has established a Data Processing
        Services Centre at Bangalore, with the installation of a
        NELCO/S/5000 fourth generation computer.
 
 1977 - 12,000 shares subscribed for by the promoters, directors,
 their
        friends and associates, etc.
 
 1982 - The contribution to profits was mainly from Alembic Chemical
        Works Co. Ltd., partly due to price increase in their
 products.
        The data processing services started acquiring outside jobs
 and
        was getting stabilised in its activities and services.
 
 1983 - 5,000 shares of Rs. 100 each issued at par for public
        subscription in September.
 
 1984 - The Company received a setback in its operations on account
 of
        prolonged industrial unrest in the factory of Alembic
 Chemical
        Works Ltd.  The strike by the workmen there had since been
 called 
        off.
 
 1987 - The Company had taken up the marketing of Yeraware and glass
        containers which contributed to the profitability.
 
      - 7,000 No. of equity shares issued at par to the public.
 
 1988 - M/s. Sierra Investments Ltd., became a subsidiary of the
 Company.
 
 1989 - The Glassware division and Fibre division contributed to the
        better performance of the Company.
 
 1991 - The Company proposed to set up a project for manufacture of
        `Quinolones', a new generation drug, in the Panchmahal
 district
        of Gujarat.
 
      - Subject to necessary approvals being obtained, the Company
        proposed to issue 20% to 21% non-convertible debentures
        aggregating Rs. 200 lakhs either by way of Rights to
 shareholders
        or by way of private subscription to one or more financial
        institutions and/or banks/or mutual funds and/or bodies
 corporate 
        (private or public).
 
      - The Company proposed to sub-divide its equity shares of Rs.
 100
        each to shares of Rs. 10 each.
 
      - After the sub-division of shares, the company proposed to
 issue
        2,40,000 bonus equity shares of Rs. 10 each in proportion
 1:1.
 
      - After the issue of bonus shares, the company proposed to
 issue
        19,20,000 rights equity shares of Rs. 10 each at a premium
 not
        exceeding Rs. 30 per share in proportion 4:1.
 
      - Another 96,000 No. of equity shares of Rs. 10 each at a
 premium
        not exceeding Rs. 30 per share were proposed to be offered to
 the
        employees of the Company (including working directors) on an
        equitable basis.
 
 2006
 
 -Company has changed its name from Darshak Ltd. to Paushak Ltd.      
                                                         
                                                               
 2007
 
 -Paushak has designated E-mail ID for Investor Complaints:
 secretarial@paushak.com 
 
 2009
 
 -Paushak has recommended dividend at Rs 2/- per share
 
 2010
 
 -Paushak has recommended dividend at Rs 2/- per share
 
 2011
 
 -Paushak has recommended dividend at Rs 2/- per share
 
 2012
 
 -Paushak has recommended dividend at Rs 2/- per share
Source : Dion Global Solutions Limited
Quick Links for Paushak
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.