POLARIS

Polaris Financial Technology Limited has informed the Exchange regarding a press release dated February 15, 2012 titled "Saigon Hanoi Bank, Vietnam Selects Polaris' Intellect GUB to Launch Operations in Cambodia".

Polaris Financial Technology Limited has informed the Exchange regarding Grant of stock Options under the Associate Stock Option Plan (ASOP) 2011.

Polaris Financial Technology Limited has informed the Exchange that the meeting of Shareholders' Committee of Directors of the Company held on January 20, 2012 has allotted 1,500 equity shares to 3 Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Financial Technology Limited has informed the Exchange that the Company has fixed February 2, 2012 as the "Record Date" for the purpose of payment of interim dividend.

Polaris Financial Technology Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 20, 2012, inter alia, has declared an Interim dividend @ Rs. 2.00/- (i.e. 40%) per equity share of Rs. 5/- each for financial year 2011-12.

Polaris Financial Technology Limited has informed the Exchange regarding a press release dated January 20, 2012, titled "Polaris Revenues Up by 43%."

Polaris Financial Technology Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended December 31,2011.

Polaris Financial Technology Limited has informed the Exchange regarding a press release dated January 04, 2012, titled "NABARD Selects Polaris' Intellect Lending Solution".

Polaris Financial Technology Limited has informed the Exchange that the Shareholders' Committee of Directors of the Company vide Circular Resolution dated December 22, 2011 allotted 12,800 equity shares to five Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003. Further, under ASOP 2004 Scheme, 5,800 equity shares were transferred to two Associates pursuant to exercise of options granted to them.

Members of the Exchange are hereby informed that the name of Polaris Software Lab Limited shall be changed to Polaris Financial Technology Limited w.e.f. December 20, 2011.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated December 12, 2011, titled "Regional Development Bank to Implement Polaris' Intellect Core Banking Solution".

Polaris Software Lab Limited has informed the Exchange that with reference to the Company's media release dated July 16, 2011 on signing of MoU the Company has now signed a Joint Venture Agreement with M/s.Sonali Bank Limited, Bangladesh to form M/s. Sonali Polaris FT Limited, Bangladesh.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated December 08, 2011, titled "Polaris Financial Technology Sets its Footprint in the Emerging Nepalese Financial Market".

Polaris Software Lab Limited has informed the Exchange that the Shareholders' Committee of Board of Directors of the Company vide Circular Resolution dated November 22, 2011 allotted 31,000 equity shares to three Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003. Further, under ASOP 2004 Scheme, 1,500 equity shares were transferred to a Associate pursuant to exercise of options granted to them.

Polaris Software Lab Limited has informed the Exchange that the Company has signed an agreement to acquire the balance 49% equity shares of M/s. Indigo Tx Software Private Limited from its shareholders subject to completion of legal formalities. Presently Polaris Financial Technology Limited is holding 51% of equity shares of M/s. Indigo Tx Software Private Limited which is a subsidiary.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated November 23, 2011, titled "Polaris Awarded the Red Hat Best Independent Software Vendor Award in the Middleware Segment".

Polaris Software Lab Limited has informed the Exchange that the name of the Company is changed from Polaris Software Lab Limited to Polaris Financial Technology Limited as approved by the Registrar of Companies, Chennai, Ministry of Corporate Affairs, Government of India.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated November 17, 2011, titled "Samsonite Unifies its India Operations with iStore".

Polaris Software Lab Limited has informed the Exchange regarding a media release dated November 08, 2011, titled "Polaris Positioned as a Leader in Magic Quadrant for International Retail Core Banking".

Polaris Software Lab Limited has informed the Exchange that Mr. S. R. Ramaswami has been appointed as Compliance Officer of the Company with effect from November 01, 2011. In view of the above, Mr. R. Srikanth, will be cease to be the Compliance officer of the Company from the above mentioned date .

Polaris Software Lab Limited has submitted to the Exchange a copy of the Outcome of Extra-ordinary General Meeting of the Company held on October 28, 2011.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 22, 2011, have approved in-principle the proposal to demerge the Information Technology Enabled Business of its subsidiary, M/s. Optimus Global Services Ltd. into the Company. This Scheme of Arrangement (Demerger) is being planned in order to synergize the operational and business efficiencies of this business. The Scheme of Arrangement (Demerger) is subject to necessary regulatory approvals including the approval from the Hon'ble High Court of Madras.

Polaris Software Lab Limited has informed the Exchange that pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors of the Company at its meeting held on October 22, 2011; 49,000 numbers of Stock Options have been granted to 11 Associates (employees and Directors) of the Company under ASOP 2003 scheme and 15,000 numbers of Stock Options have been granted to 3 Associates under the ASOP 2004 scheme at a price of Rs.128.50 per share respectively.

Polaris Software Lab Limited has informed the Exchange that the Shareholders' Committee of Board of Directors of the Company held on October 22, 2011 allotted 5,900 equity shares to 4 Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated October 22, 2011, titled "Polaris Revenues Up by 31%".

Polaris Software Lab Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2011.

Polaris Software Lab Limited has submitted to the Exchange a copy of Notice of the Extraordinary General Meeting of the Company will be held on October 28, 2011.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated October 04, 2011, titled "Vietnam Bank of Social Policies to Implement Intellect GUB M180".

Polaris Software Lab Limited has informed the Exchange regarding a media release dated September 26, 2011, titled "Polaris Launches Intellect CBX 3.0 at SIBOS".

Polaris Software Lab Limited has informed the Exchange that the Shareholders' Committee of Board of Directors of the Company vide Circular Resolution dated September 19, 2011 allotted 1,200 equity shares to two Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange that the Shareholders' Committee of Board of Directors of the Company vide Circular Resolution dated August 24, 2011 allotted 6,600 equity shares to the Six Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has submitted to the Exchange a copy of disclosure (Form D) under Regulation 13(4) and (6) of Insider Trading Policy received from Mr. Arun Jain with respect to change of shareholding in Polaris Software Lab Limited.

Arun Jain has submitted to the Exchange a copy of Disclosure under Regulation 13(4) of the SEBI (Prohibition of Insider Trading) Regulations, 1992.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 11, 2011 has approved and recommended the Employees Stock Option Schemes (Associate Stock Option Plan-2011) for members' approval. The Board of Directors has also approved and recommended for members' approval to change the name of the Company from Polaris Software Lab Limited to "Polaris Financial Technology Limited".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated August 02, 2011, titled "Polaris Launches World's Largest FT Grid with 100MC Capacity".

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 26, 2011, titled "Polaris Organises First Ever Global Financial Technology E-Conference".

Polaris Software Lab Limited has informed the Exchange that the member of the Company at the Annual General Meeting held on July 20, 2011 have approved the dividend of Rs.4.50(i.e.90%) per equity share of Rs.5/- each.

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company held on July 20, 2011 allotted 45,500 equity shares to the 16 Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange that pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors of the Company at its meeting held on July 20, 2011; 1,25,000 numbers of Stock Options have been granted to 35 Associates (employees and Directors) of the Company under ASOP 2003 scheme and 12,000 numbers of Stock Options have been granted to 4 Associates under the ASOP 2004 scheme at a price of Rs.172.80 per share respectively.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 39149.3 lacs for quarter ending on 30-JUN-2011. Net Profit / (Loss) of Rs. 4069.49 lacs for the quarter ending on 30-JUN-2011.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 45018.87 lacs for quarter ending on 30-JUN-2011. Net Profit / (Loss) of Rs. 4456.03 lacs for the quarter ending on 30-JUN-2011.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated July 20, 2011, titled "Polaris Revenues Up by 28%".

Polaris Software Lab Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended June 30,2011.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated July 16, 2011 titled "Sonali Bank and Bangladesh Commerce Bank Ltd choose Polaris to create Financial Technology Company".

Polaris Software Lab Limited has informed the Exchange regarding a Press Release dated July 04, 2011 titled "CDB Selects Intellect Core Banking Solution".

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the company vide Circular Resolution dated June 17,2011 allotted 35,800 equity shares to 9 Associates of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange that the proposed date of the payment of dividend for the financial year 2010-11 will be on August 17, 2011, if approved by the shareholders at the Annual General Meeting scheduled to be held on July 20, 2011.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated May 31, 2011, titled "Polaris Launches World's Leading 'Basel III - Ready' Solution".

Polaris Software Lab Limited has submitted to the Exchange a copy of notice sent to the Shareholders of the Company under Section 302 of the Companies Act, 1956 w.r.t the re-appointment of Mr. Arun Jain as Chairman & Managing Director of the Company.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated May 27, 2011, titled "Polaris to implement Intellect Core Banking System in Reserve Bank of India".