Panoramic Universal Ltd. Company History and Annual Growth Details

2002

- The company has signed a memorandum of understanding (MoU) with IT Microsystems (India) Ltd, to offer its flagship course Diploma in Advanced Computing (DAC) in the United Arab Emirates, New Zealand and the United States.

- The Company has splits its Face value of Shares from Rs 10 to Rs.5

2004

- The Company has amalgamated with Sai Motels & Resorts Ltd.

- The Company has recommended Dividend of 40% (Rs 2/- per share).

2006

-Company has changed its name from IT Microsystems (India) Ltd. to Panoramic Universal Ltd.

2007

- E-mail ID for Investor : jaydeep.kurup@panoramicworld.biz

- The company has signed a Memorandum of Understanding with the shareholders of SVHPL for the acquisition of their 100% stake in the said Company.

2008

- The Company has acquired Rishi Garden Resort at Panvel , Mumbai.

2009

- The Company has entered Mumbai market with Untied 21 - 4 Star Hotel & a Life Style Club.

2010

-Panoramic Universal has given the Bonus in the Ratio of 5:1

2011

- Launched own Travel portal

- Acquired an IATA approved agency, Hi-Flyers Travel Services Ltd.

2012

- The Company has recommended Dividend of Re 0.50 per share of Rs 5 each (10%).

2013

- The Board recommended a dividend of Re. 0.35/- per share (i.e. 7%) on 10,00,00,000 fully paid up Cumulative
Non-Convertible Redeemable Preference Shares of Rs. 5/- each.

- The Board recommended a dividend of Re. 0.50/- per share (i.e. 10%) on 7,77,45,000 fully paid up Equity Shares of Rs. 5/- each.

- Panoramic Universal Ltd announced the Companys international expansions plan, the Companys subsidiary incorporated in Thailand namely Seaview Homes Company Limited has acquired 95% of the equity shares of a Thailand-based Company namely, F M Patong Development Company Limited owning condominiums.

2014

- The Board recommended a dividend of Re. 0.35/- per share (i.e. 7%) on 10,00,00,000 fully paid up Cumulative Non-Convertible Redeemable Preference Shares of Rs. 5/- each.

- The Board recommended a dividend of Re. 0.50/- per share (i.e. 10%) on 7,77,45,000 fully paid up Equity Shares of Rs. 5/- each.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article