Panoramic Universal has received an approval for investment in securities of a body corporate in Namibia up to $5 million i.e. approximately Rs 25.00 crore in one or more tranches. The board at its meeting held on February 21, 2012 has approved for the above.
Panoramic Universal engages in the hospitality and information technology businesses. The company owns and operates hotel properties in India, the United States, and New Zealand.