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Corporate Announcement: Jupiter Bioscience Ltd (Scrip code: 524826): 
Panoramic Universal Ltd came out with good topline while slightly flat bottomline for Q2FY11:
Jupiter Bioscience Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2010, has concluded the placement of 35,00,000 Global Depository Receipts at US$ 19.50 per Global Depository Receipt (Representing 3,50,00,000 equity shares of Rs.10/- each) amounting to US$ 68.25 million.
Accordingly, the Board has approved and allotted 35,00,000 Global Depository Receipts underlying 3,50,00,000 equity shares of Rs.10/- each representing the said GDR's.
THEREFORE, MONEY IS COMING IN THE COMPANY WHICH IS A POSITIVE SIGN FOR THE SHAREHOLDERS. 

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