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25 Aug 07 Panoramic Universal Rights Issue

Panoramic Universal has informed the stock exchanges that the board of Panoramic Universal will meet on August 31, 2007 to discuss raising capital through a rights issue to the existing shareholders of Panoramic Universal. The rights issue is expected to raise about Rs. 65 crores which Panoramic Universal proposes to use for expansion of its business. More details about the rights issue will be available on August 31st.


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