Panoramic Universal’s board of directors at its meeting held on February 11, 2014, has approved the proposal of making investment in securities of / giving loan to a body corporate in Indonesia to the tune of Rs 10 crore as and by way of acquisition and/or incorporation of a JV / WOS / Subsidiary Company at an appropriate time.
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.
