Polaris Software Lab has informed that the meeting of shareholder's committee of directors of the company held on October 22, 2011 has allotted 5,900 equity shares to 4 associates (employees) of the company under the Associate Stock Option Plan (ASOP) 2003. No stock option was exercised under the Scheme ASOP 2004.
The above information is part of the company’s filing submitted to the BSE.