West Coast Paper Mill raises 49.98 cr via QIB

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Mumbai, Dec 10: West Coast Paper Mills, leading manufacturer of paper, has raised Rs 49.98 crore through Qualified Institutional Buyers (QIBs) for its expansion plans that include increasing its manufacturing capacity.

According to a release, 5.8 million equity of Rs 2 each at Rs 85 per equity share have been allocated.

UNI

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