Tera Software Limited declared a dividend of ₹1.20 per equity share of face value ₹10 each for the financial year 2025-26. This decision was ratified during the company's 32nd Annual General Meeting held on September 29, 2026, in Hyderabad.

The meeting also approved the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2026. Shareholders accepted the reports of the Board of Directors and the auditors without any qualifications.

Resolutions passed

The following ordinary resolutions were transacted through remote e-voting and physical ballots:

Governance and attendance

The meeting commenced with the confirmation of statutory quorum by Company Secretary Ch. Mallikarjuna. Chairman and Managing Director T. Gopichand delivered the address, highlighting performance metrics and infrastructure growth. Key managerial personnel present included Whole-Time Director T. Madhu Mitra and Independent Directors V. Usha Rani and A. Veera Brahma Rao.

Statutory Auditors Narven Associates and Practicing Company Secretary Y. Ravi Prasada Reddy attended the session. Remote e-voting facilities were available from September 26 to September 28, 2026, prior to the in-person voting at the venue.

Tera Software accepted the resignation of Chief Financial Officer G. Anil Kumar effective September 15, 2026. The departure follows a brief tenure of eight days, with Kumar having joined the role on September 7, 2026.

The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kumar cited sudden and unforeseen personal and family exigencies as the reason for his exit. His resignation was accepted with immediate effect from the close of business hours on September 15, 2026.

Regulatory Compliance

Tera Software confirmed that a vacancy has arisen in the office of the Chief Financial Officer. The company stated it will take necessary steps to fill the position within the statutory timelines prescribed under Regulation 26A of the SEBI LODR Regulations.

The disclosure included specific details regarding the cessation:

• Reason for resignation: Personal exigencies
• Effective date: Close of business hours on September 15, 2026
• Terms of cessation: Resignation as CFO (Key Managerial Personnel)

Transition Process

In his resignation letter to Chairman and Managing Director T. Gopichand, Kumar expressed regret for the inconvenience caused by his sudden departure. He committed to assisting with a smooth handover of responsibilities during the remaining hours of his notice period. The company noted it is making arrangements for a smooth transition of duties.