Investors may trade in the Pre-Market (4:00-9:30 a.m. Comment. By . VRTU: Get the latest Virtusa stock price and detailed information including VRTU news, historical charts and realtime prices. Virtusa Consulting Services, which has acquired Polaris Consulting & Services, today said it has set Rs 370 per share as the indicative price for delisting of Polaris shares from exchanges. The mandatory open offer began on March 11, 2016 and closed on March 28, 2016 and was fully subscribed. On March 3, 2016, Virtusa Corporation acquired a majority interest in Polaris Consulting & Services Limited. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). Print. Contact us now. Save. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. Earnings Per Share-Basic 20.01 16.77 10.19 15.90 Dividend Paid (%) 1.25 3.00 - - Note: # These Consolidated financial statements have been prepared in accordance with Ind AS as notified under the Companies (Indian Accounting Standards) Rules,2015 read with Section 133 of Companies Act,2013. ET) and the After Hours Market (4:00-8:00 p.m. Its services includes business process management, application services, infrastructure management, enterprise information management, independent validation services, platforming, mobility, enterprise resource planning, business consulting, customer experience management, and cloud. The score provides a forward-looking, one-year measure of credit Dividend). I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Virtusa completes the acquisition of 51.7% of the fully diluted outstanding shares of Polaris. Find the latest Earnings Report Date for Virtusa Corporation Common Stock (VRTU) at Nasdaq.com. Font Size. Sep. 10, 2020 at 7:04 a.m. All rights reserved. Virtusa Corp. engages in the provision of information technology consulting, technology implementation, and application outsourcing services. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Source: FactSet. Baring Private Equity Asia to Acquire Virtusa for $51.35 Per Share in All-Cash Transaction Valued at $2.0 Billion ET by Tomi Kilgore. Virtusa updates fourth quarter and full fiscal year 2016... | November 12, 2020 Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Polaris Consulting Services Ltd Stock/Share prices, Live BSE/NSE, F&O Quote of Polaris Consulting Services Ltd. with Historic price charts for NSE / BSE. ET). Read VirtusaPolaris customer reviews, learn about the product’s features, and compare to competitors in the Other IT Infrastructure Software market Stock prices may also move more quickly in this environment. VirtusaPolaris to help clients cut business costs Virtusa sets Rs 370 per share indicative price for Polaris delisting offer Virtusa rejigs Polaris board post acquisition Investors who anticipate trading during these times are strongly advised to use limit orders. In addition, Virtusa will make an unconditional mandatory offer to the public shareholders of Polaris to purchase up to an additional 26% of the outstanding shares of Polaris. Learn more about the digital transformation solutions Virtusa has provided for our clients in the banking and financial services industry for over 25 years. When autocomplete results are available use up and down arrows to review and enter to select. Virtusa will accept the purchase of 26,719,942 shares of Polaris common stock for $3.25 per share (INR 220.73 per share) (2) for an aggregate purchase price of $86.8 million (INR 5,898 million) (2). The aggregate price for the shares to be purchased in such offer, assuming full tender and the offer price remaining unchanged, is estimated at approximately $86.1 million (INR 5,898 million) (2). Virtusa, which has acquired a majority stake in Polaris Consulting & Services, will make an open offer of Rs 590 crore to acquire additional 26 per cent stake in the company. Virtusa's executive, leadership team and their profiles. Read more about Virtusa rules out delisting of Polaris, retrenchment on Business Standard. PUNE/MUMBAI: Having completed the acquisition of a majority stake in Polaris Consulting & Services, Virtusa has announced a change in the composition of the board of directors of the company, as well as a reconstitution of other board committees. detailed news, announcements, financial report, company information, annual report, balance sheet, profit & loss account, results and more. Touch device users, explore by touch or with swipe gestures. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? © 2020, Nasdaq, Inc. All Rights Reserved. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Revenue) or per share (e.g. Utrecht Virtusa International BV Papendorpseweg 95 3528 BJ Utrecht The Netherlands Telephone: +31 303071300 The aggregate price for the shares to be purchased in such offer, assuming full tender and the offer price remaining unchanged, is estimated at approximately $86.1 million (Rs 5,89.8 crore). Apr 1, 2016 - Virtusa made an open offer to buy additional shares in Polaris Yes! Updated daily, it takes into SECTIONS. * Average Estimates in Million (e.g. I believe the combination of the two companies will enable us to better address our clients’ most critical business objectives.” The deal was advised by M&A experts from seven firms. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i