Tera Software Limited has informed the Exchange regarding Notice of Postal Ballot
TERASOFT · price
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Tera Software Limited has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Veera Brahma Rao Arekapudi (DIN: 07540040) as an Independent Director. He was initially appointed by the Board as an Additional Independent Director on February 10, 2026, and the company is now seeking shareholder ratification through a Special Resolution for a 5-year term ending February 9, 2031. Mr. Arekapudi is a 68-year-old retired SBI General Manager with over 33 years of banking experience, and previously served as a Member (Technical) at the National Company Law Tribunal (NCLT) from 2019 to 2022. The remote e-voting window runs from February 24, 2026 to March 25, 2026, with results expected to be declared by March 27, 2026. The cut-off date for shareholder eligibility is February 20, 2026, with KFin Technologies serving as the e-voting agency.
This is a routine governance-related postal ballot and is unlikely to materially impact the stock price. Shareholders should note the e-voting window and exercise their voting rights before March 25, 2026.