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Rainbow Papers board will consider share allotment

01 Sep 2012 Evaluate
Rainbow Papers has informed that a meeting of the board of directors of the company will be held on September 08, 2012, to consider the allotment of 60,00,000 equity shares at Rs. 61 per share (on conversion of warrants allotted on August 30, 2011) to the Promoter Group Company M/s. Orient Newsprint Limited.

The above information is a part of company's filings submitted to BSE.

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