General information about company

Name of The CompanyTERA SOFTWARE LIMITED
BSE Scrip Code533982
NSE SymbolTERASOFT
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
Level of rounding to be used in disclosing related party transactionsLakhs
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated27-05-2024
Indicate Company website link for updated RPT policy of the Companywww.terasoftware.com/investors






Related party transactions

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1TERA SOFTWARE LIMITEDAABCT1332LT.GOPICHANDACJPT2176PChairman and Managing Director (CMD)Remuneration140.4Nil541223.98Textual Information(1)
2TERA SOFTWARE LIMITEDAABCT1332LT.GOPICHANDACJPT2176PChairman and Managing Director (CMD)Loan300Nil0244244Textual Information(2)
3TERA SOFTWARE LIMITEDAABCT1332LT.GOPICHANDACJPT2176PChairman and Managing Director (CMD)Interest paid0Nil23.18155.43156.29Textual Information(3)
4TERA SOFTWARE LIMITEDAABCT1332LT. PAVANA DEVIABAPT0588PWife of CMDLoan0Nil0101.1101.1Textual Information(4)
5TERA SOFTWARE LIMITEDAABCT1332LT. PAVANA DEVIABAPT0588PWife of CMDInterest paid0Nil7.2637.7624.29Textual Information(5)
6TERA SOFTWARE LIMITEDAABCT1332LT. BAPAIAH CHOWDARYAATPT1029RNon Executive Director and brother of CMDAny other transactionSotting Fee for each meeting0.2Rs.20,000/- for attending each Audit Committee and Board Meeting0.9400Textual Information(6)
7TERA SOFTWARE LIMITEDAABCT1332LT. MADHU MITRAAGNPT8640EWhole time Director and son of CMDRemuneration23.4nil9.31.271.42Textual Information(7)
8TERA SOFTWARE LIMITEDAABCT1332LT. VINDHYAATNPV0433ABusiness Development Manager and wife of WTDRemuneration16.91Nil7.160.961.18Textual Information(8)
9TERA SOFTWARE LIMITEDAABCT1332LT. GIRISHAJCPT9335LProject Manager and son of NEDRemuneration13.56nil5.390.80.89Textual Information(9)
10TERA SOFTWARE LIMITEDAABCT1332LD. PRAVALLIKACQYPD0556JChief Finanical OfficerRemuneration9.54Nil3.670.570.57Textual Information(10)
11TERA SOFTWARE LIMITEDAABCT1332LCH. MALLIKARJUNAAIAPC6612QCompany SecretaryRemuneration12.63Nil4.990.770.84Textual Information(11)
12TERA SOFTWARE LIMITEDAABCT1332LRAJA ENTERPRISESAATPT1029Rowned by NEDPurchase of goods or services0Nil021.2821.28Textual Information(12)
13TERA SOFTWARE LIMITEDAABCT1332LTS INNOVATIONS PRIVATE LIMITEDAAKCT2795Asubsidiary companyInvestment5000Nil00.740.74Textual Information(13)
14TERA SOFTWARE LIMITEDAABCT1332LTS INNOVATIONS PRIVATE LIMITEDAAKCT2795Asubsidiary companyAdvance0Nil00.240Textual Information(14)
Total value of transaction during the reporting period115.89