India: After demerger of products biz, Polaris cuts good deal by selling IT services to Virtusa

India: After demerger of products biz, Polaris cuts good deal by selling IT services to Virtusa

Visual from Polaris website

In hindsight, the erstwhile Polaris Financial Technology Ltd’s decision to de-merge its products business last March has worked out tremendously well for shareholders. Their effective returns since the de-merger was announced work out to 80-90%.

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