Tera Software MD, chairman, board of directors and AGM
NSE: TERASOFTBSE: 533982IT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹206.64.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹262 Cr1,875th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Aug 2026
- 10.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 18 May 2026
- 1.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.57%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 18.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- 19.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 18 May 2026
- 0.27
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 19,04351.1% delivered
Tera Software board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorTummala Gopichand
- Company Secretary and Compliance OfficerCh Mallikarjuna
6 directors3 independent2 executive1 non-executive
- Tummala Gopichand · Chairperson and managing directorExecutive · joined Sep 1994 · reappointed Jul 2021 · 1 listed board
- Tummala Madhu MitraExecutive · joined Aug 2023 · 1 listed board
- Tummala Bapaiah ChowdaryNon-executive · joined Nov 1999 · reappointed Sep 2024 · 1 listed board · 2 committee seats, 1 as chair
- Braja Bandhu NayakIndependent · joined Sep 2022 · reappointed Sep 2022 · 45 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Vemuri Usha RaniIndependent · joined Aug 2024 · reappointed Sep 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Arekapudi Veera Brahma RaoIndependent · joined Feb 2026 · reappointed Mar 2026 · 4 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Atluri Divakar, left 11 Feb 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 18 May 20266 of 6 present3 independent · 96 days in between
- 10 Feb 20267 of 7 present4 independent
Audit Committee
Chair Arekapudi Veera Brahma Rao
Tummala Bapaiah Chowdary, Braja Bandhu Nayak, Vemuri Usha Rani
- 18 May 20264 of 4 present3 independent · 96 days in between
- 10 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Vemuri Usha Rani
Braja Bandhu Nayak, Tummala Bapaiah Chowdary
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Tummala Bapaiah Chowdary
Braja Bandhu Nayak, Arekapudi Veera Brahma Rao
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Braja Bandhu Nayak
Arekapudi Veera Brahma Rao, Tummala Gopichand
No meeting listed in the filing.
Management Committee
Chair Tummala Gopichand
Arekapudi Veera Brahma Rao, Tummala Madhu Mitra
No meeting listed in the filing.
Debtors Review Committee
Chair Tummala Gopichand
Arekapudi Veera Brahma Rao, Braja Bandhu Nayak
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Narven AssociatesPeer-review certificate valid to Feb 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Tera Software AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Tera Software dividend history
Annual general meeting, 29 Sep 2026
15,318 shareholders on the register on 22 Sep 2026; present: 5 promoters and 78 others; votes counted by Y Ravi Prasada Reddy / RPR & Associates.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.59%
Turnout: all 52.34% · promoters 99.75% · institutions 40.65% · other public 9.22%
- Declaration of a dividend of ₹1.20/- per equity share of face value of ₹10/- each for the financial year 2025–26.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 52.34% · promoters 99.75% · institutions 40.65% · other public 9.22%
- Re-appointment of Mr. T. Bapaiah Chowdary, who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.59%
Turnout: all 52.34% · promoters 99.75% · institutions 40.65% · other public 9.22%
- Approval of remuneration payable to Mr. T. Rajasekhar, Vice President (Applications), holding an office or place of profit under Section 188(1)(f) of the Companies Act, 2013OrdinaryPromoters have an interest in it99.39% for0.61% against
Against: promoters 0.00% · institutions 0.00% · other public 0.62%
Turnout: all 4.92% · promoters 0.00% · institutions 40.65% · other public 9.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 25 Mar 2026, 1 resolution
16,106 shareholders on the register on 10 Feb 2026; votes counted by Y Ravi Prasada Reddy / RPR & Associates.The company's voting result (opens in a new tab)
- Appointment of Sri. Veera Brahma Rao Arekapudi (DIN: 07540040) as an Independent DirectorSpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 15.45%
Turnout: all 47.62% · promoters 99.75% · institutions 22.30% · other public 0.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2025, 13 resolutions
15,978 shareholders on the register on 19 Sep 2025; present: 4 promoters and 98 others; votes counted by Y. Ravi Prasada Reddy / RPR & Associates.The company's voting result (opens in a new tab)
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 52.03% · promoters 99.75% · institutions 0.00% · other public 8.81%
- To declare dividend on Equity Shares (Rs.1/- per equity Share)Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 52.03% · promoters 99.75% · institutions 0.00% · other public 8.81%
- To consider and appoint a Director in place of Mr. Madhu Mitra Tummala (DIN: 07124242), who retires by rotation and being eligible, has offered himself for re-appointment.OrdinaryPromoters have an interest in it99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
- Approval of material Related Party Transactions with TS Innovations Private LimitedOrdinaryPromoters have an interest in it95.84% for4.16% against
Against: promoters 0.00% · institutions 0.00% · other public 4.16%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
- Appointment of M/s RPR & Associates as Secretarial Auditors of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 51.85% · promoters 99.75% · institutions 0.00% · other public 8.45%
- Approval of an incentive to Mr. T. Madhu Mitra (DIN: 07124242), Whole-Time Director of the Company.SpecialPromoters have an interest in it95.85% for4.15% against
Against: promoters 0.00% · institutions 0.00% · other public 4.15%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
- Approval to increase the remuneration of Mr. T. Madhu Mitra (DIN: 07124242), Whole-Time Director of the Company.SpecialPromoters have an interest in it95.85% for4.15% against
Against: promoters 0.00% · institutions 0.00% · other public 4.15%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
- Approval of the Managerial Remuneration to be paid to Mr. Tummala Gopichand (DIN: 00107886), Chairman and Managing Director of the Company.SpecialPromoters have an interest in it95.85% for4.15% against
Against: promoters 0.00% · institutions 0.00% · other public 4.15%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
- Re-appointment and to fix the remuneration of Mr. Tummala Gopichand as Chairman and Managing Director of the Company.SpecialPromoters have an interest in it95.85% for4.15% against
Against: promoters 0.00% · institutions 0.00% · other public 4.15%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
Approval of Remuneration to Mr. T. Gopichand, Chairman & Managing Director and Mr. T. Madhu Mitra, Whole-Time Director of the Company, in excess of limits prescribed under regulation 17(6)(e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.MoreLess
SpecialPromoters have an interest in it95.83% for4.17% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.17%
Turnout: all 4.62% · promoters 0.00% · institutions 0.00% · other public 8.81%
- Approval for overall Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 4.15%
Turnout: all 52.03% · promoters 99.75% · institutions 0.00% · other public 8.81%
- Approval under Section 180(1)(a) of the Companies Act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the company.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 4.15%
Turnout: all 52.03% · promoters 99.75% · institutions 0.00% · other public 8.81%
- Approval to advance any loan/give guarantee/provide security Under section 185 of the companies act, 2013.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 4.16%
Turnout: all 52.03% · promoters 99.75% · institutions 0.00% · other public 8.81%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Sep 2024, 3 resolutions
Present: 4 promoters and 75 others.The company's voting result (opens in a new tab)
- To consider and adopt the audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31stMarch, 2024 and the Reports of the Auditors and Directors thereonOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 24.00%
Turnout: all 47.50% · promoters 99.75% · institutions 0.00% · other public 0.17%
- To appoint a Director in place of Sri. Tummala Bapaiah Chowdary (DIN: 00107795), who retires by rotation and being eligible offers himself for re-appointmentOrdinaryPromoters have an interest in it99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 37.36%
Turnout: all 47.50% · promoters 99.75% · institutions 0.00% · other public 0.17%
- To appoint Smt. Vemuri Usha Rani (DIN: 03601565) as an Independent DirectorSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 24.00%
Turnout: all 47.50% · promoters 99.75% · institutions 0.00% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 17 Aug 2023, 4 resolutions
Present: 3 promoters and 73 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2023, the report of the Auditors’ thereon and the report of the Board of Directors.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 13.39%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.11%
- To resolve not to fill the casual vacancy caused by retirement of Mrs. Tummala Pavana Devi (DIN: 00107698) who retires by rotation at the conclusion of this Annual General Meeting.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 13.40%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.11%
- To appoint Mr. Tummala Madhu Mitra (DIN: 07124242), as a Director (Marketing) of the Company and fix his remunerationSpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 14.57%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.11%
- To increase the remuneration of Mr. Tummala Gopichand (DIN: 00107886), Chairman and Managing Director of the Company.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 16.69%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 24 Sep 2022, 4 resolutions
Present: 4 promoters and 128 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2022, together with the Reports of the Board of Directors and the Auditors' thereonMoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 30.78%
Turnout: all 47.48% · promoters 99.75% · institutions 0.00% · other public 0.12%
- To appoint a Director in place of Mr. Tummala Bapaiah Chowdary, Director (DIN: 00107795), who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it65.92% for34.08% against
Against: promoters 0.00% · institutions 0.00% · other public 34.08%
Turnout: all 0.06% · promoters 0.00% · institutions 0.00% · other public 0.12%
To appoint M/s Narven Associates, as Statutory Auditors of the Company from the conclusion of this 28th Annual General Meeting until the conclusion of the 33rd Annual General Meeting and to fix their remunerationMoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 30.83%
Turnout: all 47.48% · promoters 99.75% · institutions 0.00% · other public 0.12%
- To appoint Dr. Braja Bandhu Nayak (DIN: 09702361) as an Independent DirectorSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 33.89%
Turnout: all 47.48% · promoters 99.75% · institutions 0.00% · other public 0.12%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Jul 2021, 6 resolutions
Present: 7 promoters and 33 others.The company's voting result (opens in a new tab)
Description of resolution consideredtConsideration and adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2021, together with the Report of Board of Directors and the Auditors' thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.61%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.12%
- Appointment of a Director in place of Mrs. Tummala Pavana Devi, Director (DIN: 00107698), who retires by rotation and being eligible, offers herself for reappointment.OrdinaryPromoters have an interest in it89.19% for10.81% against
Against: promoters 0.00% · institutions 0.00% · other public 10.81%
Turnout: all 0.06% · promoters 0.00% · institutions 0.00% · other public 0.12%
- Approval of the appointment of Mr. Divakar Atluri as an Independent Director.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 10.81%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.12%
- Appointment of Mr. Tummala Gopichand as a Vice Chairman and Managing Director (KMP).SpecialPromoters have an interest in it89.19% for10.81% against
Against: promoters 0.00% · institutions 0.00% · other public 10.81%
Turnout: all 0.06% · promoters 0.00% · institutions 0.00% · other public 0.12%
- Appointment of Mr. Tammana Sivarama Prasad as an Independent Director.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 10.81%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.12%
- Approval for Sale of Company's Land Situated at Annaram/Gaghillapur Village.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.16%
Turnout: all 47.47% · promoters 99.75% · institutions 0.00% · other public 0.12%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 31 Oct 2020, 2 resolutions
Present: 9 promoters and 39 others.The company's voting result (opens in a new tab)
Approval of the Audited Standalone Balance Sheet as at March 31, 2020, Statement of Profit and Loss for the Financial Year ended on March 31, 2020, Cash Flow Statement for the financial year ended March 31, 2020 and reports of Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.29%
Turnout: all 48.13% · promoters 100.00% · institutions 0.00% · other public 0.18%
- Appointment of Mr. Bapaiah Chowdary Tummala, Director (DIN: 00107795), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 5.93%
Turnout: all 48.13% · promoters 100.00% · institutions 0.00% · other public 0.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtTS Innovations Private LimitedSince 13 Jun 2026
26.00% bought in the quarter; holding 100.00%, from 74.00%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.