Tera Software Board Approves Un-Audited Results, CFO Appointment, and Warrant Issue

Tera Software Ltd's Board of Directors met on November 11, 2026, approving the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also approved the appointment of Mr. G. Venkatanarayana as the new Chief Financial Officer (CFO) effective December 4, 2026. Additionally, a proposal for the preferential issue of up to 5,14,491 convertible warrants to the promoter group was approved, subject to shareholder approval. The company also plans to change its name and alter its Memorandum of Association, with both requiring shareholder consent at an upcoming Extra-Ordinary General Meeting (EGM).