Tera Software Board Approves Q1 Results, Final Dividend, and Appoints New CFO
Tera Software's Board approved Q1 FY27 results and declared a final dividend of ₹1.20 per share. The AGM is scheduled for September 28, 2026. Mr. G. Anil Kumar was appointed as CFO and KMP, effective September 7, 2026.
The appointment of a new CFO is a significant management change. The declaration of a dividend and approval of financial results are also material. The AGM date provides a clear timeline for future corporate actions.
The announcement is positive due to the approval of financial results, declaration of a final dividend, and the appointment of a new CFO, which are generally favorable developments for a company.
Tera Software Limited announced the outcome of its Board Meeting held on August 11, 2026. The Board approved the Un-Audited Financial Results (standalone & consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report.
Furthermore, the Board approved the Board's Report and AGM Notice, fixing the Annual General Meeting (AGM) for September 28, 2026. A final dividend of ₹1.20 per share (12%) was declared, subject to member approval at the AGM.
In a key managerial change, Mr. G. Anil Kumar was appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective September 7, 2026. This appointment was recommended by the Nomination and Remuneration Committee and approved by the Audit Committee. Mr. G. Anil Kumar, a B.Com graduate and Chartered Accountant, brings over 9 years of experience in Financial Planning & Analysis and is not related to any of the Directors on the Board. The Board meeting commenced at 04:00 p.m. and concluded at 08:00 p.m.
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Tera Software Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Tera Software Limited. Read the original for the full detail.