West Coast Paper fixes date for stock split

West Coast Paper fixes date for stock split

West Coast Paper Mills, fixed Nov. 02, 2007 as the record date for the purpose of sub-division of the equity shares of Rs 10 each face value into five equity shares of Rs 2 each.

 

West Coast Paper Mills (WCPM) is the flagship company of Kolkata - based S K Bangur group, which also owns Rama Newsprint & Papers.

WCPM is primarily engaged in manufacturing paper and pulp. The company`s products include various kinds of paper such as printing, writing and wrapping paper. It also supplies paper for industrial use, such as multicolor printing, ledger books, cheque printing, share certificate, railway tickets, boarding passes, soap wrapping, coating base paper, cyclostyling and photo copying to name a few.

 

WCPM also manufactures cable products such as optical fibre cable and jelly filled telephone cables for the telecom industry. The company`s paper division is located at Dandeli in Karnataka and cable division is in Mysore in Karnataka.

 

Shares of the company were last trading up Rs 5.30, or 1.23%, at Rs 437.30. Total volume of shares traded at the BSE were 1,624 (11.34 a.m, Tuesday).

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