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Polaris Consulting to delist from stock exchanges

26 Oct 2017 Evaluate

Polaris Consulting & Services has decided to delist from the stock exchanges to provide the company operational flexibility. If the delisting proposal is successful it would provide an exit opportunity to public shareholders.

In March 2016, Virtusa Corporation acquired a majority interest in Polaris Consulting Services, which was earlier promoted by Arun Jain.

The company is one of India’s leading institutions contributing to the knowledge economy of the global financial services marketplace. Polaris has established its solutions and services footprint globally contributing to the realization of the business vision of some of the world's leading giants in the money vertical.

Peers
Company Name CMP
TCS 2578.45
Infosys 1311.95
HCL Tech. 1428.35
Wipro 202.40
Tech Mahindra 1504.10
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