Moneycontrol PRO

business

Polaris down 5%; Promoter Virtusa' OFS for upto 3.72% opens

Global IT services major - Virtusa Corporation which had a majority interest in Polaris, plans to sell 18.86 lakh shares or 1.86 percent in the company via an offer for sale (OFS) at a 40-percent discount to the acquisition price within 1 year.

first published: Dec 8, 2016 12:17 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347