Tera Software Declares Final Dividend of ₹1.20, Appoints New CFO
Tera Software Limited's Board approved Q1 FY27 results and declared a final dividend of ₹1.20 per share. Mr. G. Anil Kumar was appointed as the new CFO and KMP, effective September 7, 2026. The company also scheduled its AGM for September 28, 2026.
The dividend declaration and CFO appointment are significant events that can impact investor sentiment and company operations.
The declaration of a final dividend and the appointment of a new CFO are positive developments for the 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. They also approved the Board's Report and AGM Notice, scheduling 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 upcoming AGM. Furthermore, the company announced the appointment of Mr. G. Anil Kumar as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective September 7, 2026. Mr. Kumar, a B.Com graduate and Chartered Accountant, brings over 9 years of experience in Financial Planning & Analysis. The Board Meeting commenced at 04:00 p.m. and concluded at 08:00 p.m.
What to do with a filing like this
Tera Software Limited filed this with the NSE as a statutory disclosure, categorised under dividend. 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.