SATARA, Nov 1: Arun Godbhole, Chairman, Ayurvedic Arkashala, Ltd. Satara addressing the Company's General Body Meeting held in the company premises in Satara recently said, ``The economic developments in the country is in the dowtrend at present. Yet our company, Arkashala progressed.''Declaring 30 per cent dividend to the shareholders of the company for the year 1998-99 Godbhole said, ``Our divident is higher than any company in area.'' He also gave details of new products of the company during the current year.