POLARIS

Polaris Software Lab Limited has informed the Exchange regarding a press release dated October 17, 2007, titled "Polaris Reports Solid Second Quarter FY '07-'08 Results". A copy of the press 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_17102007.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 45934.36 lacs for half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 2563.13 lacs for the half year ending on 30-SEP-2007.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 23643.28 lacs for quarter ending on 30-SEP-2007 against Rs. 22291.08 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1256.6 lacs for the quarter ending on 30-SEP-2007 against Rs. 1306.53 lacs for the quarter ending on 30-JUN-2007.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 27355.08 lacs for quarter ending on 30-SEP-2007 against Rs. 25745.05 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1822.35 lacs for the quarter ending on 30-SEP-2007 against Rs. 1441.93 lacs for the quarter ending on 30-JUN-2007.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 23643.28 lacs for quarter ending on 30-SEP-2007 against Rs. 22291.08 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1256.6 lacs for the quarter ending on 30-SEP-2007 against Rs. 1306.53 lacs for the quarter ending on 30-JUN-2007.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated August 29, 2007, titled "Polaris Retail Solution - Retail Excel is now powered by SAP NetWeaver". 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_290807.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has submitted to the Exchange a copy of the Chairman's Speech delivered at the Annual General Meeting of the Company held on July 17, 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_Speech_250722007.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 18th July 2007 has allotted 66,665 Equity Shares to its employees and directors under the Associate Stock Option Plan 2000, 2001 & 2003. A brief summary of the allotment 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_Allot_18072007.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 18th July 2007, 89000 Nos. of Stock Options have been granted to the employees of the Company at Rs.149.65p per share under the Associate Stock Option Plan 2003 ( ASOP 2003). The Vesting of the said Stock Options is as follows: 20% of the Options - One year from the date of offer/ grant date; 20% of the Options - Two years from the date of offer/ grant date; 20% of the Options - Three years from the date of offer/grant date; 2

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 18, 2007, titled "Polaris posts Q1 revenue of Rs 257.45 cr & profits of Rs.14.42 cr ...6 Intellect wins in a single quarter". The details 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_18072007.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 30-JUN-2007 as follows: Net Sales of Rs. 22291.08 lacs for quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1306.53 lacs for the quarter ending on 30-JUN-2007.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 25745.05 lacs for quarter ending on 30-JUN-2007 against Rs. 27077.91 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 1441.93 lacs for the quarter ending on 30-JUN-2007 against Rs. 2139.97 lacs for the quarter ending on 31-MAR-2007.

Polaris Software Lab Limited has informed the Exchange that at the Annual General Meeting of the Company held on July 17, 2007, the following resolution were unanimously passed by the Shareholders of the Company:- 1) Confirmed two interim dividends of Re.1/- and Rs.1.25 per equity share declared for the financial year ended March 31, 2007. 2) Re-appointment of Mr. R C Bhargava as Director under Section 256 of the Companies Act, 1956. 3) Re-appointment of Mr. Arvind Kumar as Director under Section 256 of the Companies Act, 1956. 4) Re-appointment of Mr. Ajit Bhushan as Director under Section 25

Polaris Software Lab Limited has submitted to the Exchange a copy of the notice of the Annual General Meeting of the Company to be held on July 17, 2007. 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_AGMNotice.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from July 12, 2007 to July 17, 2007 (both days inclusive) for the purpose of Annual General Meeting of the Company to be held on July 17, 2007.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated May 22, 2007, titled "Polaris enters into a strategic agreement with Ementor Denmark A/S". The details 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_220507.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 18th May 2007, 158000 Nos. of Stock Options have been granted to the employees of the Company at Rs.171.95p per share under the Associate Stock Options Plan 2003 ( ASOP 2003). The Vesting of the said Stock Options is as follows : 20% of the options - One year from the date of offer/ grant date; 20% of the Options - Two years from the date of offer/ grant date; 20% of the Options - Three years from the date of offer/grant date;

Polaris Software Lab Limited has informed the Exchange regarding a media release dated May 10, 2007, titled "Polaris Software launches Canada development facility". The 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_100507.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated April 27, 2007, titled "Polaris crosses the double milestones of 1000 Cr annual revenues and 100 Cr annual profits". The details 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_28042007.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a media release dated April 12, 2007, titled "Polaris launches its Super Specialty center for Risk & Treasury Solution". 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_12042007.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 has allotted 3,925 Equity Shares to its employees under the Associate Stock Option Plan 2000, 2001 & 2003 on 31st March, 2007. 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 - 150. (2) Scheme - ASOP 2001; Date of Grant - 26.09.2001; Option Price (Rs) - 57.00; No. of Allottees - 4, No. of Shares - 1,125. (3) Scheme - ASOP 2003; Date of Grant - 28

Polaris Software Lab Limited has informed the Exchange that Company has generated an e-mail ID shareholder.query@polaris.co.in for registering complaints by investors. The said e-mail ID has been hosted on the investor's page of the Company's website i.e. www.polaris.co.in.

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 28th March 2007 has allotted 1,61,805 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 - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 27, No. of Shares - 14,425. (2) Scheme - ASOP 2000; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 27, No. of Shares - 14,140. (3) Scheme

Polaris Software Lab Limited had informed the Exchange regarding the declaration of 2nd Interim Dividend @25% (Re.1.25p per equity share of Rs.5/- each) on the equity share capital of the Company. The Company has now submitted to the Exchange a copy of the media release, dated March 28, 2007, titled "Polaris declares 2nd interim dividend of 25%", which 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_280307.zip target=NEW> For more details c

Polaris Software Lab Limited has informed the Exchange that: "The Board of Directors at its meeting held on today i.e. 28th March 2007 has declared 2nd Interim Dividend of 25% (Re.1.25 per share) on the Equity Share Capital of the Company. The said 2nd interim dividend of Re.1.25 per equity share will be paid to the shareholders of the Company whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on 5th April 2007 which is the record date fixed for the above purpose".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated March 06, 2007, titled "Polaris reassessed at CMMI Level 5". A copy of the press 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_060307.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange regarding a press release dated February 01, 2007, titled "Polaris Software Wins Global Recognition". The details of the press 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_press_010207.zip target=NEW> For more details click here.</a>

Polaris Software Lab Limited has informed the Exchange that : "8,59,000 & 4,70,000 number of stock options (Total 13,29,000) have been granted at Rs. 227.40/- per share under the Associate Stock Option Plan 2003 & 2004 (ASOP 2003 & ASOP 2004) respectively, to the employees of the Company by Remuneration & Compensation committee of the Board of Directors on January 29, 2007. The said options are convertible into equal number of equity shares of Rs.5/- each. The options can be exercised in five (5) equal installments (i.e. 20% each year) over a period of 5 years from the date of offer/ grant".

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 22nd January 2007 has allotted 108,690 Equity Shares to its employees and directors 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 - 92, No. of Shares - 32,790. (2) Scheme - ASOP 2000; Date of Grant - 01.04.2003; Option Price (Rs) - 123.65; No. of Allottees - 3, No. of Shares - 4,100.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors has fixed 7th February 2007 as the Record date for the purpose of determining the eligibility of the shareholders entitled to receive interim dividend of Re. 1/- per equity share of Rs. 5/- each declared at the Board Meeting held on 22nd January 2007. The interim dividend as aforesaid shall be paid from 14th February 2007.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors at their meeting held on January 22,2007 have recommended an interim dividend of Rs.1.00 per share (20%).

News Verification : The media had reports that Citibank along with its various arms may offload over 40% stake in Polaris Software Lab Limited. 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 officials of the company. Polaris Software Lab Limited has vide its letter inter-alia stated, "We wish to bring to your notice that the said news is neither from our company nor from any of our authorized representatives. We deny the said news."

Polaris Software Lab Limited has informed the Exchange that "Mr. Nanoo G Pammani, Director of the Company has resigned from the directorship of the Company w.e.f. January 01, 2007. Consequent to the resignation of Mr. Pammani, the Directorate of the Company will be as under:- (1) Mr. Arun Jain - Chairman & Managing Director. (2) Mr. Abhay Agarwal - Non-Independent Director. (3) Mr. Ajit Bhushan - Non-Independent Director. (4) Mr. Anil Khanna - Non-Independent Director. (5) Mr. Arvind Kumar - Independent Director. (6) Dr. Ashok Jhunjhunwala - Independent Director. (7) Mr. R. C. Bhargava - Inde

Polaris Software Lab Limited has informed the Exchange regarding a media release, dated January 04, 2007, titled "Global Top 10 Bank buys Polaris' IntellectTM Platform." The details 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_03012007.zip target=NEW> For more details click here.</a>

News Verification : The media had reports that Fujitsu Services may acquire a substantial stake in the company. 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 officials of the company. Polaris Software Lab Limited has vide its letter inter-alia stated, "The said news item published in the media is neither from our Company nor from any of our authorized representatives. We have not sent out any such communication either to press or the anal

Polaris Software Lab Limited has informed the Exchange regarding a media release dated November 14, 2006, titled "Polaris Software launches 'Intellect Front Office' in US market.. Brings the Power of the Branch to the desktop". The details 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_14112006.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, in its meeting held on October 17,2006, has allotted 66,785 equity shares of Rs.5/- each to its employees/directors under the Associate Stock Option Plan 2000 & 2001. A brifd summary of allotment is given hereunder:- 1) Scheme - ASOP2000; Date of Grant - October 18,2001; Option Price (Rs) - 71.50; No. of Allottees - 16; No. of Shares - 2,850. 2) Scheme - ASOP2000; Date of Grant - January 28,2003; Option Price (Rs) - 126.70; No. of Allottees - 1; No. of shares - 150.

Polaris Software Lab Limited has informed the Exchange that 125,500 numbers of stock options have been granted at Rs. 140.90 per share under the Associate Stock Option Plan 2003 to the employees and directors of the Company on October 17, 2006. The said options are convertible into equal number of equity shares of Rs.5/- each. The options can be exercised in five (5) equal installments (i.e. 20% each year) over a period of 5 years from the date of offer/ grant.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated October 17,2006, titled "Polaris records Q2 revenues of Rs. 255.57 Cr & profits of Rs. 27.10 Cr ; Sequential QoQ Revenues grow by 10.14% & Profit improves by 33.68%". The details of the press release and an investors conference call hosted by the Company to take place on October 17, 2006 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_17102006.zip target

Polaris Software Lab Limited has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on August 18, 2006. The details of the minutes shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Polaris Software Lab Limited has informed the Exchange regarding a media release dated September 09,2006, titled "Polaris Software inaugurates 'The Capital' in Hyderabad�The world's first super-speciality centre focused on technology solutions for Investment Banking". The details 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).

Polaris Software Lab Limited has informed the Exchange that at the AGM of the Company held on August 18, 2006 the following resolutions were unanimously passed by the Shareholders of the Company :- 1) Declaration of Dividend @25% [i.e. Re. 1.25/- p. per shares of Rs.5/- each]. 2) Re-appointment of Mr. Satya Pal as a Director under Section 256 of the Companies Act, 1956. 3) Re-appointment of Mr. Abhay Agarwal as a Director under Section 256 of the Companies Act, 1956. 4) Re-appointment of Dr. Ashok Jhunjhunwala as a Director under Section 256 of the Companies Act, 1956. 5) Appointment of M/s S.

Polaris Software Lab Limited has submitted to the exchange a copy of Chairman's Speech to be delivered at the Annual General Meeting of the Company being held August 18, 2006. 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).

Polaris Software Lab Limited has informed the Exchange that the Remuneration and Compensation Committee of the Board of Directors of the Company, at its meeting held on August 16,2006, has granted 112,000 numbers of stock options at Rs. 108.40 per share under the Associate Stock Option Plans 2003 to the employees of the Company. The said options are convertible into equal number of equity shares of Rs.5/- each. The options can be exercised in five (5) equal installments (i.e. 20% each year) over a period of 5 years from the date of offer/ grant.

News Verification : The media had reports that Polaris Software Lab Limited may be in talks to sell stake to international software companies such as Microsoft, Oracle and Capgemini. 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 officials of the company. Polaris Software Lab Limited has vide its letter inter-alia stated, "We would like to formally state that the aforesaid news item is niether from the company nor from any of its authorize

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 21, 2006, titled "Polaris records Q1 revenues of Rs.232 Cr & profits of Rs.20 Cr - Sequential QoQ revenues grew by 17% & Intellect-led business grew over 100%". The details 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).

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 15,2006, titled "Polaris Software Lab appoints new CFO". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Polaris Software Lab Limited has informed the Exchange that the Annual General Meeting of the Company will be held on August 18, 2006.

Polaris Software Lab Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will be closed from August 09, 2006 to August 18, 2006(both days inclusive) for the purpose of payment of dividend for the year ended March 31, 2006, on equity shares, if approved at the Annual General Meeting of the Company, to the shareholders.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated July 04,2006, titled "Polaris Retail Infotech Limited (PRIL) wins deal with Lilliput �Retail Excel reaches over 600 outlets". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).