West Coast Paper Mills Allotted 30,00,000 Equity Shares- March 14, 2009

West Coast Paper Mills Ltd has informed that the Share Allotment Committee of Directors of the Company at its meeting held on March 13, 2009, has allotted 30,00,000 equity shares of face value of Rs 2/- each at a price of Rs 45/- per share (including premium of Rs 43/- per equity share) to Veer Enterprises Ltd, an entity in Promoter Group on preferential allotment basis.