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12 Apr 07 Panoramic Universal signs a preliminary agreement to acquire Sri Vatsa Hotels.

As per the agreement, Panoramic Universal will payÃ‚Â the shareholders of Sri Vatsa Hotels Rs 17.65 crore. The shares of Panoramic Universal were up 1.63% to close the day at Rs 134.10. However volumes were very thin. Less than 2000 shares changed hands on the BSE.

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Filed in Company News, Indian stock market

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