POLARIS FINANCIAL TECHNOLOGY LTD. - Fixes Record Date for Demerger

Polaris Financial Technology Ltd has informed BSE that the Board of the Directors of the Company in its meeting held on September 24, 2014 have fixed the Record Date as October 10, 2014 for the purpose of determining the list of shareholders who are entitled to receive the shares in Intellect Design Arena Limited, the Resulting Company after the Demerger.