PANORAMUNI

Panoramic Universal Limited has informed the Exchange that the Board has approved and adopted the revised "Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information".

Panoramic Universal Limited has informed the Exchange regarding Disclosure under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Panoramic Universal Limited has informed the Exchange that Sai Motels Limited, an overseas Wholly Owned Subsidiary of the Company in New Zealand is in the process of selling its unit namely ''Sai Motels'' located in Auckland, New Zealand and the same will be completed soon.

Panoramic Universal Limited has informed the Exchange that the Company has closed down and de-registered its Wholly Owned Subsidiary In Namibia namely Starting Right Investments Two Two Five (Pty.) Ltd. in accordance with the laws prevailing in Republic of Namibia.

Panoramic Universal Limited has informed the Exchange vide letter dated July 16, 2013, that "Company acquires step down subsidiary company in Thailand".

Panoramic Universal Limited has informed the Exchange vide letter dated January 23, 2013 that as a part of its overseas foray, the Company has incorporated a Wholly Owned Subsidiary Company named as "Panoramic Holidays JLT." with limited liability under the provision of Law No.(4) of 2001 and order dated May 01, 2002 in respect of Establishing Dubai Multi Commodities Centre Authority having Registration No.JLT4136.

Panoramic Universal Limited has informed the Exchange that as a part of its overseas foray in the hospitality business, the company had incorporated a Wholly Owned Subsidiary Company named as "Panoramic Singapore Hospitality Pte.Ltd." incorporated under the Companies Act (Cap.50) having Registration No 201231417H dated December 27, 2012 and that the company is a private Company Limited by Shares.

Panoramic Universal Limited has informed the Exchange that as per the decision of the Board of Directors of the Company at their meeting held on November 08, 2012 the stake of the company in Seaview Homes Co. Ltd. a company incorporated in Thailand has been reduced from 70% to 49%, therefore it is no more a subsidiary of the Company.

Panoramic Universal Limited has informed the Exchange that the present Hotel property structure 'United Inn' of an overseas subsidiary of the Company namely Panoramic Ace Properties Inc. situated at Syracuse, New York has been dismantled in view of company's plan of constructing a new hotel at that place.

Panoramic Universal Limited has informed the Exchange that "Panoramic Universal Ltd. ("Company") has acquired 51% stake in M/s. Sri Vatsa Hotels Pvt. Ltd., a company having its registered office at Secunderabad. The Company shall acquire the balance 49% of the equity capital of M/s. Sri Vatsa Hotels Pvt. Ltd. in phases and has entered into a Share Purchase Agreement (SPA) and an Escrow Agreement. As a part of the terms and conditions of the said SPA, Mr. Sudhir Moravekar, Promoter of Panoramic Universal Ltd. has pledged equity shares held by him in the Company with the Escrow Agent as securit

Panoramic Universal Limited has informed the Exchange that: "On account of certain issues arising during the due diligence process and valuation, Panoramic Universal Ltd. has decided not to acquire M/s. S. N. Organizers Pvt. Ltd., a company having its registered office at Ahmedabad, Gujarat and having a 35 room hotel property viz. Hotel Platinum Inn on Ashram Road".

Panoramic Universal Limited has informed the Exchange that in line with its growth strategy of providing comprehensive travel solution to its customers, the Company has recently inked an agreement with a leading software solutions provider for the development of a one-stop travel portal viz.www.travelhot.com to provide hassle-free travel and hospitality options to business and leisure travelers. The vendor is a specialist in providing software solutions in the travel domain and has leading travel portals as its clients. The details of the same shall be available on the NSE website (http://www.

Panoramic Universal Limited has informed the Exchange that Panoramic Universal Ltd had signed a Memorandum of Understanding (MOU) dated April 09, 2007 for the proposed acquisition of 100% stake in M/s Sri Vatsa Hotels Pvt Ltd. for constructing a four star hotel with approximately 90 rooms at its premises located at Secunderabad. Further, Panoramic Universal has approved the appointment of M/s Vaish Associates, Advocates at Mumbai to act as Escrow agents for the proposed acquisition of M/s Sri Vatsa Hotels Pvt Ltd.

Panoramic Universal Limited has informed the Exchange that "Panoramic Universal is conducting due diligence of M/s S.N. Organisors Pvt. Ltd., a company having its registered office at Ahmedabad, Gujarat for the acquisition of its 35 rooms hotel property viz. Hotel Platinum Inn on Ashram road at Ahmedabad together with 6500 square feet of commercial premises situated on the ground floor of the said hotel premises".

Panoramic Universal Limited has informed the Exchange that "The Board has been evaluating a real estate proposal for setting up of township in Jaipur. The proposal under consideration is at a nascent stage for a gated township project spread over 160 Acres valued at around 3000 Crores having Hotels, Residential & Commercial Complexes, Hospitals etc. At an opportune time, reputed partners in form of Private Equity/ Real Estate investors would be invited to join the SPV to execute the project in the next five years, to be funded with a mix of debt and equity. By the end of the FY 08, further det