West Coast Paper Mills has informed that the share allotment committee of board of directors of the company, at its meeting held on June 15, 2012, has allotted 33,00,000 equity shares of the face value of Rs. 2 each at the rate of Rs. 54.30 per share (including premium of Rs. 52.30 per share), amounting to Rs. 17,91,90,000 to the persons / entities in the promoter group (SK Bangur Group) on preferential allotment basis as per SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, which has been approved by the shareholders in the extra-ordinary general meeting held on May 19, 2012. The above information is a part of company's filings submitted to BSE.
