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Panoramic Universal acquires Sri Vatsa Hotels
New Delhi, Sept 1 (UNI) Panoramic Universal Ltd today said it has acquired Sri Vatsa Hotels Pvt Ltd (SVHPL) for constructing a four-star hotel in Secunderabad.
PUL has signed a Memorandum of Understanding (MoU) on April 9, 2007 for the proposed acquisition of 100 per cent stake in SVHPL for constructing a four-star hotel with about 90 rooms at its premises located at Secunderabad, a company statement said.
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Story first published: Monday, September 1, 2008, 16:06 [IST]
