POLARIS

POLARIS CONSULTING & SERVICES LIMITED has submitted to the Exchange a copy of the Postal Ballot Notice, Pursuant to Section 110 of the Companies Act, 2013.

J.P. Morgan India Private Limited has submitted to the Exchange vide letter dated November 16, 2015 a copy of Detailed Public Statement published in Newspaper in terms of Regulation 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the Public Shareholders of the Company.

J.P. Morgan India Private Limited has submitted to the Exchange a corrigendum to the Public announcement dated November 05, 2015, issued in connection with the Open Offer made by Virtusa Consulting Services Private Limited, ("Acquirer") and Virtusa Corporation and Virtusa International B.V, both as persons acting in concert with the Acquirer to the public shareholders of Polaris Consulting and Services Limited, in accordance with the provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

J.P.Morgan India Private Limited Open Offer (Manager to the Offer) has submitted to the Exchange the Public announcement of Open Offer for the acquisition of up to 26,719,942 (Twenty Six Million Seven Hundred and Nineteen Thousand Nine Hundred and Forty Two) fully paid-up equity shares of the face value of Rs. 5 (Indian Rupees Five) each, constituting 26% (Twenty Six Percent) of the voting share capital (as defined in the attached public announcement) of Polaris Consulting & Services Limited (the "Target Company") from the public shareholders of the Target Company by Virtusa Consulting Service

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding a press release dated November 05, 2015 titled " Polaris and Virtusa enter into a definitive Share Purchase Agreement to create a compelling platform for digital transformation services".

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding the outcome of Board meeting held on November 5, 2015.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Directors of the Stakeholders' Relationship Committee of the Company in it's meeting held on October 29, 2015 have approved the allotment of 16,100 shares to 4 (Four) Associates under ASOP 2003 scheme and 2,600 shares to 3 (Three) associates under ASOP 2011 scheme.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange vide letter dated October 29, 2015 regarding Grant of Stock Options under the Associates Stock Option Plan (ASOP 2015).

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding a press release dated October 29, 2015 titled "Polaris' Q2FY16 revenues up by 9%"

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Board of Directors at its meeting held on October 29, 2015 have approved the following : In principle approval for hiving off the BPO business of the Company and formation of subcommittee for carrying out the same.

POLARIS CONSULTING & SERVICES LIMITED has submitted to the exchange the standalone & consolidated financial results along with the Auditors Report for the period ended 30-Sep-2015.

POLARIS CONSULTING & SERVICES LIMITED has submitted to the Exchange a copy of result of Postal Ballot under Clause 35A of the Listing Agreement.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding Results of the Postal Ballot pursuant to Clause 35A.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that as per the Company's Internal Policy for Prevention of Insider Trading, the trading window for dealing in the securities of the Company will be closed for the Company's Directors, Officers and designated employees from October 19, 2015 till 48 hours after the announcement of financial results to the publice and will be open from November 02, 2015.

The Exchange has sought clarification from Polaris Consulting & Services Ltd., with respect to recent news item captioned "Virtusa Close to Buying Polaris Consulting". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Polaris Consulting & Services Ltd. has submitted their response.

The Exchange has sought clarification from Polaris Consulting & Services Ltd., with respect to recent news item captioned "Virtusa Close to Buying Polaris Consulting". In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding "Allotment of Equity Shares under Associate (Employees) Stock Option Plan (ASOP)".

POLARIS CONSULTING & SERVICES LIMITED has submitted to the Exchange a copy of the Postal Ballot Notice, Pursuant to Section 110 of the Companies Act, 2013.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Stakeholders Relationship Committee of Directors of the Company vide its circular resolution approved on September 1, 2015 has approved, the allotment of 10,000 numbers of Equity shares of Rs. 5/- each to Eight (8) Associates under ASOP 2003 Scheme and 8,300 numbers of Equity shares of Rs. 5/- each to Ten (10) associates under ASOP 2011 Scheme.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding "Allotment of Equity Shares under Associate (Employees) Stock Option Plan (ASOP)".

News about POLARIS CONSULTING & SERVICES LIMITED. The media had reports that "Tech Majors in Race to Buy Polaris".. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. POLARIS CONSULTING & SERVICES LIMITED has vide its letter inter-alia stated, "We confirm that we are in compliance with respect to disclosures that are required to be made under the Listing Agreement; and also confirm that there are no other developments in the com

The Exchange has sought clarification from Polaris Consulting & Services Limited, with respect to recent news item captioned "Tech Majors in Race to Buy Polaris". In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the Company is awaited.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that pursuant to the approval accorded by the members of nomination and Remuneration & Compensation Committee of the Company at its meeting held on August 6, 2015 , the following Options have been have granted to nine associates.

POLARIS CONSULTING & SERVICES LIMITED has submitted to the exchange the standalone & consolidated financial results along with the Auditors Report for the period ended 30-Jun-2015.

Polaris Consulting & Services Limited has informed the Exchange regarding a press release dated August 6, 2015 titled "Polaris' Q1 FY16 revenues up by 6%".

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Stakeholders' Relationship Committee of Directors of the Company in its meeting vide its circular resolution approved on July 27, 2015 has approved, the allotment of 32,200 numbers of Equity Shares of Rs.5/- each to 5 (Five) Associates under ASOP 2003 Scheme and 18,200 numbers of Equity Shares of Rs. 5/- each to 6 (Six) Associates under ASOP 2011 Scheme and approved for transfer of 4,400 shares under ASOP 2004 scheme to 2 (Two) associates.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the trading window for dealing in the securities of the Company will be closed for the Company's Directors, Officers and designated employees from July 25, 2015 till 48 hours after the announcement of financial results to the public.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the dividend declared by the members will be credited or despatched on or before the July 20, 2015.

Polaris Consulting and Services Limited has submitted to the Exchange a copy of voting results of the Annual General Meeting of the Company held on June 23, 2015 along with the Consolidated Scrutinizer's report , pursuant to Clause 35A of the Listing Agreement.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding formulation and disclosure of Code under SEBI (Prohibition of Insider Trading) Regulations, 2015.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding a press release dated June 09, 2015 titled "Development Bank of the Philippines selects Polaris and Kaisa to transform its Core Banking Operations".

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Stakeholder's Relationship Committee of Directors of the Company in its meeting vide its circular resolution approved on June 9, 2015 has approved, the allotment of 28,600 numbers of Equity Shares of Rs.5/- each to 7 (Seven) Associates under ASOP 2003 Scheme and 109,550 numbers of Equity Shares of Rs. 5/- each to 27 {Twenty Seven) Associates under ASOP 2011 Scheme and approved for transfer of 6,800 shares under ASOP 2004 scheme to 3 {Three) associates.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the payment of dividend when declared at the Annual General Meeting being convened on June 23, 2015 will be credited / dispatched on July 20, 2015.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Register of Members & Share Transfer Books of the Company will remain closed from June 12, 2015 to June 23, 2015 (both days inclusive) for the purpose of Dividend and Annual General Meeting (AGM) of the Company to be held on June 23, 2015.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding Grant of Stock options under Associate Stock Option Plan (ASOP 2015).

Franklin Mutual Series Funds - Mutual Beacon Fund has submitted to the Exchange, vide letter dated May 06, 2015 a copy of disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange vide letter dated May 06, 2015 regarding Grant of Stock Option under the Associate Stock Option Plan (ASOP 2015).

POLARIS CONSULTING & SERVICES LIMITED has submitted to the Exchange vide letter dated April 17, 2015 a copy of disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

POLARIS CONSULTING & SERVICES LIMITED has provided the clarification regarding total dividend declared for the Financial Year 2014-15. Details of the same are as follows: FInal Dividend Rs. 10/- (200%) - Date of Declaration April 30, 2015. Interim Dividend Rs. 5/- (100%) - Date of declaration March 19, 2015 which is already paid.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange vide letter dated April 30, 2015 regarding Grant of Stock Option under the Associate Stock Option Plan (ASOP 2015).

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange vide letter dated April 30, 2015 regarding outcome of the Board Meeting held on April 30, 2015.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Board of Directors of the Company at its meeting held on April 30, 2015 have recommended a final dividend of Rs. 15 (i.e. 300%) per equity share of Rs.5/- each of the Company for the financial year 2014-15 to its shareholders out of which interim dividend @ Rs. 5/- per equity share (i.e. 100%) of Rs. 5/- each was declared by Board in its meeting held on March 19, 2015.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding a press release dated April 30, 2015 titled "Polaris registers FY 15 Revenues of Rs. 1894 Cr.".

POLARIS CONSULTING & SERVICES LIMITED has submitted to the exchange the standalone & consolidated financial results along with the Auditors Report for the period ended 31-Mar-2015.

LSV Asset Management has submitted to the Exchange , vide letter dated April 20, 2015 a copy of disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Stakeholders' Relationship Committee of Directors of the Company in its meeting vide its circular resolution approved on April 18, 2015 has approved, the allotment of 20,100 numbers of Equity Shares of Rs. 5/- each to 1 (One) Associates under ASOP 2003 Scheme and 35,250 numbers of Equity Shares of Rs. 5/- each to 1 (One) Associates under ASOP 2011 Scheme.

POLARIS CONSULTING & SERVICES LIMITED has submitted to the Exchange a copy of Certified True copy of the Circular Resolution dated April 18, 2015 passed by the stakeholders Relationship Committe of Board of Directors of the Company.

POLARIS CONSULTING & SERVICES LIMITED has submitted to the Exchange vide letter dated April 17, 2015 a copy of disclosure under Regulation 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange regarding the press release dated April 15, 2015 titled, "Polaris Appoints Sanjay Vatsa as chief Strategy Officer."

POLARIS CONSULTING & SERVICES LIMITED has informed the Exchange that the Company confirms that as per the Company's internal Policy for Prevention of Insider Trading, the trading window for dealing in the securities of the Company will be closed for the Company's Directors, Officers and designated employees from April 20, 2015 till 24 hours. after the announcement of financial results to the public, i.e. May 01, 2015.