Investment by FIIs/NRIs/PIOs under PIS : M/s Polaris Software Lab Limited

The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in M/s Polaris Software Lab Limited (www.rbi.org.in/scripts/BS_FiiUSer.aspx#Polaris) by Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have reached the trigger limit. Therefore, no further purchases of equity shares of this company would be allowed through stock exchanges in India on behalf of FIIs.

J.D. Desai
Assistant Manager

Press Release : 2011-2012/431