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| Exchange Disseminated Time | | West Coast Paper Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2009, inter alia, has decided to issue 30,00,000 equity shares of the face value of Rs 2/- each to Veer Enterprises Ltd, an entity belonging to the Promoter Group (SK Bangur Group) on preferential allotment basis, at Rs 45/- per share, including premium of Rs 43/- per share arrived at with respect to the relevant date i.e., January 29, 2009, as per SEBI Guidelines, subject to the approval of the shareholders in the Extra ordinary General Meeting to be held on February 28, 2009. |
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