TERASOFTBSETera Software LtdMinimalNeutral
Announced Tue, 19 May · 16:38 IST

Annual Secretarial Compliance Report for the year ended 31-03-2026.

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AI summary

Tera Software Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, examined by RPR & Associates, Practicing Company Secretaries. The report identifies one compliance deviation: a one-day delay in submitting the Annual Report for FY 2024-25 under Regulation 34 of SEBI LODR. Fines of Rs. 2,360/- were imposed by each stock exchange (BSE and NSE), which the company has paid. Management requested a waiver but the exchanges did not consider it. The company has confirmed it will take necessary measures to ensure timely compliance in future. All other compliance areas including secretarial standards, policies, website maintenance, director disqualification, related party transactions, and insider trading norms show full compliance. No observations were reported in the previous year's secretarial compliance report.

Likely market impact

The one-day delay in annual report submission resulted in minor fines of Rs. 4,720 total (paid to both exchanges). The company has committed to timely compliance going forward. Overall, the compliance record is clean with no material concerns for shareholders.