Polaris Financial Technology clarifies on news item

Polaris Financial Technology has clarified on the news item appearing in a leading financial daily titled, Polaris in Talks with Japan's NEC to Sell Services Division.
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Sep 18, 2013, 02.27 PM | Source: Moneycontrol.com

Polaris Financial Technology clarifies on news item

Polaris Financial Technology has clarified on the news item appearing in a leading financial daily titled, Polaris in Talks with Japan's NEC to Sell Services Division.

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Polaris Financial Technology clarifies on news item

Polaris Financial Technology has clarified on the news item appearing in a leading financial daily titled, Polaris in Talks with Japan's NEC to Sell Services Division.

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With reference to the news item appearing in a leading financial daily titled "Polaris in Talks with Japan's NEC to Sell Services Division", Polaris Financial Technology Ltd has clarified to BSE that: "Please refer our earlier response letters dt. 02.05.2013 and 16.05.2013 wherein we had clearly stated the steps taken by the Company.We restate that there is as yet no decision or event that requires disclosure under the listing agreement. The Company has always placed in the public domain any such decision or event as and when it occurs. If and when there is any development that requires reporting under the listing agreement, the Company would comply with its reporting obligations in this regard."Source : BSE

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