Polaris Consulting & Services has informed that in continuation of the Share Purchase Agreement (SPA) executed with Virtusa Consulting Services Private Limited (‘Virtusa’) on November 05, 2015 and subsequent approval process adhered to under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and also a prerequisite under Clause 7.1 (g) of the said SPA, the RBI approval vide their letter dated February 05, 2016, CCI approval vide their letter Combination Registration dated February 18, 2016, and SEBI approval vide their letter dated February 23, 2016 have been received by the Virtusa Consulting Services Private Limited.
The above information is a part of company’s filings submitted to BSE.
