West Coast Paper Mill raises 49.98 cr via QIB

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