General information about company

Scrip code533982
NSE SymbolTERASOFT
MSEI SymbolNOTLISTED
ISININE482B01010
Name of the entityTERA SOFTWARE LIMITED
Date of start of financial year01-04-2023
Date of end of financial year31-03-2024
Reporting QuarterQuarterly
Date of Report30-06-2023
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearTop 2000 listed entities



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEOYesDisqualification of Directors under section 164 of the Companies Act, 2013
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations)No of Independent Directorship in listed entities including this listed entity (Refer Regulation 17A(1) of Listing RegulationsNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)Notes for not providing PANNotes for not providing DIN
1MrTUMMALA GOPICHANDACJPT2176P00107886Executive DirectorChairpersonMD09-06-1959NoActiveNA26-09-199430-07-20211000
2MrTUMMALA PAVANA DEVIABAPT0588P00107698Non-Executive - Non Independent DirectorNot Applicable22-06-1962NoActiveNA06-06-199530-07-20211010
3MrTUMMALA BAPAIAH CHOWDARYAATPT1029R00107795Non-Executive - Non Independent DirectorNot Applicable20-11-1957NoActiveNA01-11-199924-09-20221021
4MrHANUMAN CHOWDARY TRIPURANENIABKPT7960M00107006Non-Executive - Independent DirectorNot Applicable18-10-1931NoActiveYes10-04-201917-12-200126-09-2019452210



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations)No of Independent Directorship in listed entities including this listed entity (Refer Regulation 17A(1) of Listing RegulationsNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)Notes for not providing PANNotes for not providing DIN
5MrsTHOZUNAVOOR VELLAT LAKSHMIADHPT0120A00003020Non-Executive - Independent DirectorNot Applicable01-01-1959NoActiveNA17-12-200126-09-2019451110
6MrDIVAKAR ATLURIAAMPA4577A00033386Non-Executive - Independent DirectorNot Applicable28-05-1957NoActiveNA12-02-202130-07-2021281111
7MrBRAJA BANDHU NAYAKAAQPN2057G09702361Non-Executive - Independent DirectorNot Applicable04-06-1962NoActiveNA24-09-202224-09-2022111110




Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100033386DIVAKAR ATLURINon-Executive - Independent DirectorChairperson12-02-2021
200107006HANUMAN CHOWDARY TRIPURANENINon-Executive - Independent DirectorMember26-09-2019
300107795TUMMALA BAPAIAH CHOWDARYNon-Executive - Non Independent DirectorMember30-06-2020
409702361BRAJA BANDHU NAYAKNon-Executive - Independent DirectorMember14-02-2023


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100107006HANUMAN CHOWDARY TRIPURANENINon-Executive - Independent DirectorChairperson26-09-2019
200003020THOZUNAVOOR VELLAT LAKSHMINon-Executive - Independent DirectorMember26-09-2019
300107795TUMMALA BAPAIAH CHOWDARYNon-Executive - Non Independent DirectorMember30-09-2014


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100107795TUMMALA BAPAIAH CHOWDARYNon-Executive - Non Independent DirectorChairperson30-09-2014
200107698TUMMALA PAVANA DEVINon-Executive - Non Independent DirectorMember30-09-2014
300003020THOZUNAVOOR VELLAT LAKSHMINon-Executive - Independent DirectorMember26-09-2019


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100107006HANUMAN CHOWDARY TRIPURANENINon-Executive - Independent DirectorChairperson26-09-2019
200033386DIVAKAR ATLURINon-Executive - Independent DirectorMember12-02-2021
300107886TUMMALA GOPICHANDExecutive DirectorMember30-09-2014
400107698TUMMALA PAVANA DEVINon-Executive - Non Independent DirectorMember30-09-2014


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks
100107886TUMMALA GOPICHANDBORROWING COMMITTEEExecutive DirectorChairperson
200107698TUMMALA PAVANA DEVIBORROWING COMMITTEENon-Executive - Non Independent DirectorMember
309702361BRAJA BANDHU NAYAKBORROWING COMMITTEENon-Executive - Independent DirectorMember

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
SrDate(s) of meeting (if any) in the previous quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Total Number of Directors as on date of the meetingNumber of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
114-02-2023Yes744
227-05-2023101Yes744



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)Maximum gap between any two consecutive (in number of days)Name of other committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Total Number of Directors in the Committee as on date of the meetingNumber of Directors Present (All Directors including Independent Director)No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1Audit Committee14-02-2023Yes3320
2Audit Committee25-05-202399Yes4330
3Nomination and remuneration committee27-05-20231Yes3320



Annexure 1

V. Related Party Transactions

SrSubjectCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Whether prior approval of audit committee obtainedYes
2Whether shareholder approval obtained for material RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes on related party transactions


Annexure 1

VI. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015Yes
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities)NA
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
7The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.Yes

Annexure 1

SrSubjectCompliance status
1Name of signatoryT. GOPICHAND
2DesignationManaging Director



Signatory Details

Name of signatoryT. GOICHAND
Designation of personManaging Director
PlaceHYDERABAD
Date17-07-2023