West Coast Paper allots 2617650 shares

West Coast Paper Mills Ltd has announced that the Board of Directors of the Company at its meeting held on March 25, 2008 has allotted 26,17,650 equity shares of the face value Rs 2/- per share at a price of Rs 85/- per share (including premium of Rs 83/- per share), consequent to exercise of the option to convert warrants by entities in the promoter group known as S K Bangur group.

Source : Equity Bulls

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