POLARIS

Polaris Software Lab Limited has informed the Exchange that "Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on October 21, 2008; 3,78,000 numbers of Stock Options were granted to (23 Associates) employees and directors of the Company at price of Rs. 45.45 per share under the Associate Stock Option Plan, 2003. The vesting of the said Stock Options is as follows : 1) 20% of the Options - One year from the date of offer/ grant date. 2) 20% of the Options - Two years from the date of offer / grant date. 3) 20% of the Options - Three years f

Polaris Software Lab Limited has informed the Exchange that the results of the Postal Ballot conducted by the Company pursuant to Sec 192A of the Companies Act, 1956, read with the Companies (Passing of the resolution by Postal Ballot) Rules, 2001 were declared by Mr. Arun Jain, Chairman & Managing Director, on October 21, 2008. The Votes cast "FOR" the resolutions are above 99% of the total polled votes and consequently these resolutions as mentioned in the item no. 1,2 & 3 of the notice dated September 09, 2008 was declared as passed. The copy of the results of postal ballot shall be availab

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 56743.28 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 4896.45 lacs for the half year ending on 30-SEP-2008.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 30031.56 lacs for quarter ending on 30-SEP-2008 against Rs. 26711.72 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 2996.9 lacs for the quarter ending on 30-SEP-2008 against Rs. 1899.55 lacs for the quarter ending on 30-JUN-2008.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 66812.13 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 6143.88 lacs for the half year ending on 30-SEP-2008.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated October 21, 2008, titled "Polaris records 89% growth in Profits YoY, 27% QoQ". A copy of media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_PR_21102008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 35114.14 lacs for quarter ending on 30-SEP-2008 against Rs. 31697.99 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 3442.73 lacs for the quarter ending on 30-SEP-2008 against Rs. 2701.15 lacs for the quarter ending on 30-JUN-2008.

Polaris Software Lab Limited has informed the Exchange regarding a press note dated September 30, 2008, titled "Polaris Software signs definitive agreement to acquire SEEC Inc, a US based Insurance Technology Solutions Company ". A copy of the press note shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/polaris_PR_01102008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the resolution by Postal Ballot) Rules, 2001 (including any statutory modification or re-enactment thereof, for the time being in force) to transact the following Special Business by passing resolutions through Postal Ballot: 1. Alteration of Object Clause of the Memorandum of Association of the Company 2. Commencement of business specified in sub-clauses 10 & 11 of Clause III C of the Memorandum of Association of the Company. 3. Appointment of Who

Polaris Software Lab Limited has informed the Exchange regarding a media release dated September 17, 2008, titled " Polaris Software launches 'Unified Portal' for Corporate Banking". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/polarissoftlab_MR_18092008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated August 05, 2008, titled "Polaris signs Professional Services Agreement with AIG Global Services". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/polaris_MR_05082008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that "The company has signed a Professional Services Agreement ("PSA") with AIG Global Services, Inc. ("AIGGS"), a wholly owned subsidiary of American International Group, Inc., ("AIG"). Under the terms of the PSA, Polaris will provide IT services to AIG and its member companies around the globe. In connection with the transaction, Polaris has sold 462,100 Equity Shares in AIG Systems Solutions Private Limited ("AIGSS") for a sale consideration of about Rs. 23.26 Crores to AIG Offshore Systems Services Inc. USA".

Polaris Software Lab Limited has informed the Exchange regarding the Proceedings of Annual General Meeting of the Company held on July 17, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/Polaris_AGM_30072008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 17, 2008, titled "Q1 results for FY 2008-2009; Polaris reports 87% growth in profits". A copy of media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/polaris_MR_24072008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that "The Shareholders' Committee of the Board of Directors of the Company at its meeting held on July 17, 2008 has allotted 1600 equity shares to the employees and directors of the Company under the Associate Stock Option Plan 2003. The summary of the allotment is given hereunder: Scheme: ASOP 2003; Date of Grant: 26.06.2006; Option Price (Rs.): 76.60; No. of Allottees: 2; No. of Shares: 1600".

Polaris Software Lab Limited has informed the Exchange that "Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on July 17, 2008; 65,500 numbers of Stock Options have been granted to (19 Associates) employees and directors of the Company at price of Rs. 68.10 per share under the Associate Stock Option Plan 2003. The vesting of the said Stock Options is as follows : 1) 20% of the Options - One year from the date of offer/ grant date. 2) 20% of the Options - Two years from the date of offer / grant date. 3) 20% of the Options - Three years

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 21, 2008, titled "Polaris strengthens Risk practice by setting up Center of Excellence for Algorithmics to build capacity and tap emerging markets". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/polaris_MR_21072008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that the Board at its meeting held on July 17, 2008 has appointed Mr. Arup Gupta, as an Executive Director, effective July 17, 2008 subject to the regulatory proceedings.

Polaris Software Lab Limited has informed the Exchange that the Board at its meeting held on July 17, 2008 has approved commencement of the Real Estate Business activity subject to the Regulatory Proceedings.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 26711.72 lacs for quarter ending on 30-JUN-2008 against Rs. 23936.66 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 1899.55 lacs for the quarter ending on 30-JUN-2008 against Rs. 1354.2 lacs for the quarter ending on 31-MAR-2008.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 31697.99 lacs for quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 2701.15 lacs for the quarter ending on 30-JUN-2008.

Polaris Software Lab Limited has informed the Exchange that the Annual General Meeting of the Company to be held on July 17, 2008.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated April 29, 2008, titled "Polaris Software signs MoU with University of Western Sydney, Australia...to create global opportunities for Western Sydney". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_Mr_29042008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that the Board of Directors had decided to close the Register of Members and the Share Transfer Register of the Company from July 11, 2008 to July 17, 2008 (Both days are inclusive) for the purpose of payment of dividend for the financial year 2007-08, if approved by the Shareholders at the ensuing Annual General Meeting.

Polaris Software Lab Limited has informed the Exchange that : "Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on April 23, 2008 - 53,500 numbers of Stock Options have been granted to (21 Associates) employees and directors of the Company at price of Rs. 108.75 per share under the Associate Stock Option Plan 2003 (53,500 numbers of Options). The vesting of the said Stock Options is as follows : 1) 20% of the Options - One year from the date of offer/ grant date. 2) 20% of the Options - Two years from the date of offer / grant date. 3) 20

Polaris Software Lab Limited has informed the Exchange that the Board, at its meeting held on April 23, 2008, considered a proposal of buy-back of its equity shares and discussion on this subject. In the course of discussions, members of the Board drew attention to the real estate investments made by the Company and suggested that the best option to maximize shareholder value from these investment should also be explored. The Board accordingly decided to defer its decision on the buy back of equity shares and appointed a committee of the Board to give recommendations to enable the Board to tak

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 28615.77 lacs for quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 2145.43 lacs for the quarter ending on 31-MAR-2008.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated April 23, 2008, titled "Q4 and Annual results for FY 2007-2008; Polaris income grows to Rs. 1,117 crore". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_MR_23042008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 23936.66 lacs for quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 1354.2 lacs for the quarter ending on 31-MAR-2008.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 109930.05 lacs for year ending on 31-MAR-2008 against Rs. 103236.96 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 7321.5 lacs for the year ending on 31-MAR-2008 against Rs. 10106.49 lacs for the year ending on 31-MAR-2007.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 93801.78 lacs for year ending on 31-MAR-2008 against Rs. 90430.01 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 5263.33 lacs for the year ending on 31-MAR-2008 against Rs. 7958.82 lacs for the year ending on 31-MAR-2007.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 23, 2008 has recommended dividend of 30% (Re. 1.50/- per share) on the Equity Share Capital of the Company for the financial year 2007-08.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated March 26, 2008, titled "Polaris Retail launches Smart Store for SMEs- First retail software to be available in a box format". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_MR_26032008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated February 19, 2008, titled "Polaris Software chosen as Strategic Partner by City Networks ,... for Product Developments using NET technologies". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/Polaris_MR_19022008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited had informed the Exchange regarding Grant Stock Option. The Company has now informed the Exchange that 37,500 numbers of options granted was under ASOP 2003 & Nil under ASOP 2004; pursuant to the approval accorded by the Remuneration & Compensation Committee meeting held on January 23, 2008 at price of Rs.66.05/- (Rupees sixty six and paise five only) The vesting of the said Stock Options is as follows: i) 20% of the Options - One year from the date of offer/grant date; ii) 20% of the Options - Two years from the date of offer/grant date; iii) 20% of the Options -

Polaris Software Lab Limited had informed the Exchange regarding granting of 21,66,500 Nos. of stock options to the employees of the Company under Associate Stock Option Plan 2003 & 2004. The Company has now informed the Exchange that the number of Stock Options granted should be read as 37,500.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated February 07, 2008, titled "Polaris to set up Center of Excellence in the Retail Banking vertical for SAP Solutions". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/polaris_MR_08022008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that: "Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on January 23, 2008, - 21,66,500 numbers of Stock Options have been granted to the employees and directors of the Company at price of Rs.66.05 per share under the Associate Stock Option Plan 2003 & 2004 (ASOP 2003- 17,06,000 numbers of Options) & (ASOP 2004 - 4,60,500 numbers of Options). The vesting of the said Stock Options is as follows: i) 20% of the Options - One year from the date of offer/grant date; ii) 20% of the Options

Polaris Software Lab Limited has informed the Exchange that the Shareholders' Committee of the Board of Directors of the Company at its meeting held on January 23, 2008 has allotted 5,640 numbers of Equity Shares to its employees and directors under the Associate Stock Option Plan 2000 & 2003. A brief summary of the allotment is given hereunder: (1) Scheme: ASOP 2000; Date of Grant: 18.10.2001; Option Price (Rs.): 71.50; No. of Allottees: 2; No. of shares: 140; Scheme: ASOP 2003; Date of Grant: 26.06.2006; Option Price (Rs.): 76.60; No. of Allottees: 6; No. of shares: 5,500; Total No. of Allot

Polaris Software Lab Limited has informed the Exchange that Mr. R. Srikanth has been appointed as the Compliance Officer of the Company by the Board of Directors at the meeting held on January 23, 2008 with effect from January 01, 2008.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated January 23, 2008, titled "Polaris Reports 3rd Quarter Revenues of Rs.282.14 Cr & Profits of Rs. 19.12 Cr; Employee strength crosses 10,000. Optimus grows 29% quarter on quarter". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/polaris_MR_23012008.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated December 06, 2007, titled "Mekong Housing Bank (MHB) Vietnam chooses Polaris Software's Next-Generation Intellect 787 Global Banking Platform". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) <a href=/content/corporate/Polaris_PR_06122007.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that: "This has reference to Serial No.20 of our Notes to the Accounts of the Company for the year ended 31st March 2007. The said Case was there in a USA Court for trial on November 26th 2007. On the said day, the Plaintiffs agreed to withdraw all their claims on a payment of US$ 6,00,000 (US Dollars Six hundred thousand only) to which Polaris agreed and there after Judge Pisano did not hold trial. The Judge further announced that the case is dismissed for ever, in view of the settlement claims. The Attorney of both parties have been dire

Polaris Software Lab Limited has informed the Exchange that: "Mr. M.P. Suresh Kumar, Company Secretary has resigned from the services of the Company. We are in the process of filing up the vacancy".

Polaris Software Lab Limited has informed the Exchange regarding a media release dated November 13, 2007, titled "Polaris Software launches Intellect 787, the Next-Generation Retail Banking Platform". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_PR_13112007.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated November 01, 2007, titled "SEB invests in new "Best of Breed" Liquidity Management System-Chooses next-generation Intellect Cash & Liquidity Platform from Polaris Software". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_PR_01112007.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated October 30, 2007, titled "Polaris and NSW Government 'Set the Pace' with new centre for Application Performance Diagnostics & Managed Testing Services ". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)<a href=/content/corporate/polaris_PR_301007.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that "The Shareholders' Committee of the Board of Directors of the Company at its meeting held on 17th October 2007 has allotted 20,175 Equity Shares to its employees under the Associate Stock Option Plan 2000, 2001 & 2003. A brief summary of the allotment is given hereunder:- 1) Scheme: ASOP 2000; Date of Grant: 18.10.2001; Option Price (Rs.) 71.50; No. of Allottees: 1; No. of shares: 100; 2) Scheme: ASOP 2001; Date of Grant: 26.09.2001; Option Price (Rs.) 57.00; No. of Allottees: 6; No. of shares: 2,775; 3) Scheme: ASOP 2001; Date of G

Polaris Software Lab Limited has informed the Exchange that: "Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on 17th October 2007, 29000 of Stock Options have been granted to the employees of the Company at Rs.115.60p per share under the Associate Stock Option Plan 2003 (ASOP 2003). The vesting of the said Stock Options is as follows: i) 20% of the Options - One year from the date of offer/grant date; ii) 20% of the Options - Two years from the date of offer/grant date; iii) 20% of the Options - Three years from the date of offer/grant

Polaris Software Lab Limited has submitted to the Exchange the auditor's report in respect of the audited financial results for the quarter ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Polaris_AR_17102007.zip target=NEW> For more details click here.</a>