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Panoramic Universal to provide loan to body corporate in Indonesia

12 Feb 2014 Evaluate

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.

Peers
Company Name CMP
TCS 2461.00
Infosys 1130.00
HCL Technologies 1377.00
Wipro 182.00
Tech Mahindra 1778.00
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