Polaris Consulting & Services informs about updates on open offer

05 Mar 2016

J.P Morgan India Private (the ‘Manager’), for and on behalf of the Virtusa Consulting Services Private Limited (‘Acquirer’) along with Virtusa Corporation (‘PAC 1 / Virtusa US’) and Virtusa International B.V, (‘PAC 2’ / ‘Virtusa NL’), as persons acting in concert with the Acquirer (‘PACs’) has informed this Corrigendum to the Detailed Public Statement November 16, 2015 and the Letter of Offer dated February 27, 2016 with respect to the open offer to the public shareholders of Polaris Consulting & Services (‘Target Company’), pursuant to and in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the ‘SEBI SAST Regulations’) to amend and supplement (a) the Detailed Public Statement dated November 16, 2015 that was published on November 16, 2015 (‘DPS’); and (b) the Letter of Offer (‘LoF/Letter of Offer’) dated February 27, 2016, filed with the Securities and Exchange Board of India (‘SEBI’), subsequent to incorporating the comments issued by SEBI vide its letter dated February 23, 2016 on the draft letter of offer dated November 23, 2015 (‘DLoF’). This Corrigendum is to be read together with the: (a) the Public Announcement dated November 5, 2015 (‘PA’); (b) the corrigendum to the PA, issued on November 13, 2015 (c) the DPS and (d) the Letter of Offer.

The above information is a part of company’s filings submitted to BSE.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323