The Exchange had sought clarification from the company with respect to news appearing on ET NOW on November 4, 2015 titled ‘Polaris promoters likely to announce sale to Virtusa, Nasdaq listed IT company, today worth $350 mn. Promoter Arun Jain to exit company as a part of Deal’. Polaris Consulting & Services has submitted a copy of clarification.
The above information is a part of company’s filings submitted to BSE.