Tera Software Ltd. — AGM Information 2024

Sep 24, 2024

TERA SOFTWARE LIMITED

Regd. Office : # 8-2-2931821 N'1107, Road Number 55, Jubilee Hills, Hyderabad,Telangana 500033. Tel : +91-40-23547447 E-mail : info@terasoftware.in www.terasoftware.com

Date: 24th September, 2024

BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers	Exchange Plaza, C-1, Block G,
Dalal Sheet, Fort	Banda Kurla Complex, Bandra (F)
Mumbai-400001	Mumbai-400051
Scrio Code: 533982	Symbol: TERASOFT

Dear Sir / Madam,

Sub: Minutes of the 30th Annual General Meeting (AGM)

Please find enclosed extract of the Minutes of the 30th Annual General Meeting of the Company held on 09tr Septembe42024 for your records.

Thanking You.

Yours truly, For TERA SOI'TWARE LIMITED

-_.[t-- CH. MALLIKARJUNA Company Secretary M.No.A47545 MALLIKA RJUNA Location:

MINUTES OF THE THIRTIETH (3OTH) ANNUAL GENERAL MEETING Of,' THE MEMBERS OF TERA SOFTWARE LIMITED HELD ON MONDAY, THE 9tH DAy oF SEPTEMBER, 2024, AT 04:00 p.M., AT THE REGISTERED OFFICE oF THE COMPAI\"Y' AT 8-2a9282lalll07, PLOT No.1107, RoAn NO.55, JUBILEE HILLS, TIYDERABAD-500033, TELAI\GANA, INDIA.

Directors Present:

I	Sri. T. Gopichand	Chairman & Manaeins Director
2	Sri. T. Madhu Mitra	Whole-time Director
J	Dr. T. Hanuman Chowdary	Independent Director, Chairman of Nomination
		& Remuneration Committee and Corporate
		Social Responsibility Committee
4	Dr. T.V. Lakshmi Independent Director
5	Sri. Divakar Atluri	Independent Director and Chairman of Audit
		Committee
6	Prof. Dr. Braia Bandhu Navak	lndependent Director
7	Smt. V. Usha Rani	lndependent Director
8	Sri. T. Bapaiah Chowdary	Non-Executive Director and Chairman of
		Stakeholders Relationship Committee

In Attendance/Invitees :

9	Sri. Ch. Mallikariuna	Company Secretary
10	Ms. D. Pravallika	Chief Financial Officer
l1	Sri. G.V. Ramana	Partner, Narven & Associates
t2	Sri D.C. Naidu	Partner, Darapaneni & Co., (Internal Auditors)
13	Mr. K. Ch.Venkat Reddy	Scrutinizer, C.V. Reddy K & Associates,
		(Secretarial Auditors)

Members Present:

Promoters and Promoter Group: 04 Public: 75

Sri. Ch. trlatiikarjun4 Company Secretary welcomed the Shareholders and Invitees. There after he requested all the Directors and invitees to occupy the Chairs on the Dias. Sri. Tummala Gopichand chaired the meeting and conducted the proceedings. After ascertaining the requisite quorum being present, he called the meeting to order.

The Chairman addressed the shareholders and briefed them about the performance and achievements of the Company during the financial yew 2023-24.

The Statutory registers such as Register of Directors and Key Managerial Personnel and their shareholding, Register of Contracts were made available for inspection during the meeting.

The Chairman concluded his speech extending his thanks to the shareholders, bankers, customers, Board of Directors and employees for their unrelenting dedication, support, and commitment.

The Chairman took up the formal proceedings of the Meeting. With the permission of the members, the notice convening the 30tn Annual General Meeting together with finartcial statements and Directors' report were taken as read and confirmed that the Auditors' Report did not contain any qualification. He invited members to ask questions on the financial reports and accounts of the Company. The queries raised by the Members were answered by the Chairman to their satisfaction and he appreciated the members for their suggestions and keen interest in the affairs of the Company.

The Chairman informed the members that the Company has provided the facility to cast votes electronically to the shareholders, on all resolutions set forth in the notice convening the AGM. The said facility is provided by Kfin Technologies Limited.

Further, the Chairman requested the Shareholders who are present at the AGM and who did not cast their votes electronically may cast their votes dtring the meeting. It was further informed that there would be no voting by show of hands.

Further, the Chairman informed that Sri. K.Ch. Venkat Reddy, Practising Company Secretary appointed as the Scrutinizer to scrutinize the polling process.

The members were informed that the combined results of E-voting and Poll would be placed on the website of the Company and Stock Exchanges withiniwo working days of the conclusion of the meeting.

On the basis of Scrutinizer's report on the E-voting and Poll; all the resolutions as set out in the Notice of 30th Annual General Meeting were duly passed with requisite majority, the details of which axe as under:

Abstaine
d $\bullet$ $\bullet$ $\bullet$ $\bullet$ $\bullet$ $\bullet$ $\bullet$ $\bullet$ $\bullet$ $\circ$ Votes ORDINARY - To consider and adopt the audited Standalone and Consolidated Financial Statements of the Company for the
Financial Year ended 31 March, 2024 and the Reports of the Auditors and Directors thereon. $\bullet$ $\bullet$ $\overline{\bullet}$ $\circ$ $\bullet$ $\bullet$ $\bullet$ $\overline{\bullet}$ $\circ$ $\circ$ Votes Invali $\frac{0.0000}{0.0000}$ $0.0000$ against on votes 0.0000 0.0000 $\frac{0.0000}{0}$ 0.0000 0.0000 0.000 27.1235 $(7)=[(5)/(2)]10$ 0.0000 % of Votes polled 0.0000 $0.0000$ 0.0000 0.0000 $0.0000$ $(6)=[(4)/(2)]$
100 000.000 0.0000 72.8764 00.0000 % of Votes in $00.000$ votes polled favour on $\begin{array}{c} \mathop{\rm against}\limits_{(5)} \end{array}$ $\overline{\bullet}$ No. of
Votes $\bullet$ $\overline{\bullet}$ $\overline{\bullet}$ $\overline{\bullet}$ $\bullet$ $\circ$ $\bullet$ 2,695 $\bullet$ $\bullet$ $\circ$ 0 0 $\circ$ 1,294 $\circ$ 59,32,327 59,32,327 7,241 $V$ otes $-$ in favour (4) No.of % of Votes $\frac{0.0000}{0.0000}$ $0.0000$ 99.7478 0.0000 0.0000 87478 $0.0000$ $\bullet$ 0.1514 0.0197 $(3)=(2)$
$[3]$ * 100 outstandin Polled on g shares $\bullet$ $\bullet$ $\circ$ 9,936 1,294 $\bullet$ $\bullet$ $\bullet$ 59,32,327 59,32,327 polled (2) No. of votes 256 65,64,292 59,47,327 shares
held $(1)$ No.of Postal Ballot Postal Ballot applicable) applicable) E-Voting E-Voting Mode of
Voting E-Voting Total Total Poll Poll Poll $\overline{N}$ (if $\mathbf{f}$ Promoter and
Promoter Group promoter group
are interested in agenda/resoluti Resolution No. Public-
Institutions Public-Non Institutions Resolution (Ordinary/ promoter/ required: Whether Category Special) $\sin^2$ the

$\circ$ $\circ$	$\bullet$ $\bullet$	$\circ$ $\circ$						Abstaine Votes ರ Votes Invali $\overline{\mathbf{d}}$		$\circ$ $\circ$	$\circ$ $\circ$	$\circ$ $\circ$	$\circ$ $\bullet$	$\circ$ $\circ$
0.0000	23.9982	0.0453		r. Tummala Bapaiah Chowdary (DIN: 00107795), who retires by rotation and				against on votes % of Votes polled	$(7)=[(5)/(2)]*10$ $\circ$	0.0000	0.0000	0.0000	0.000.0	0.0000
0.0000	76.0018	99.9547						% of Votes in votes polled favour on	$(6)=[(4)/(2)]*$ 100	100.0000	0.0000	0.0000	100.000	0.0000
$\circ$	2,695	2,695						No. of Votes	against (5)	$\circ$	$\bullet$	$\circ$	$\circ$	$\bullet$
$\circ$	8,535	59,40,862						$V$ otes – in favour (4) No. of		59,32,327	$\bullet$	$\circ$	59,32,327	$\circ$
$\infty$ 0.00	$\Box$ $\sqrt{0.17}$	47.5033						% of Votes outstandin Polled on	$(3)=(2)$ $[4]$ 100 g shares	99.7478	0.0000	0.0000	99.7478	0.0000
$\circ$	11,230	59,43,557						polled (2) No.of votes		59,32,327	$\circ$	$\circ$	59,32,327	$\bullet$
		1,25,11,8 75		- To appoint a Director in place of M being eligible offers himself for re-appointment.				shares held No. of $\ominus$		59,47,327				256
Postal Ballot applicable) (if	Total	Total	$\mathbf 2$	ORDINARY	Yes			Mode of Voting		E-Voting	Poll	applicable) Ballot (if Postal	Total	E-Voting
			Resolution No.	Resolution (Ordinary/ required: Special)	promoter/ Whether	are interested in promoter group	agenda/resoluti on? the	Category		Promoter and	Promoter Group			Public-

$\bullet$	$\bullet$	$\bullet$	$\bullet$	$\bullet$	$\bullet$	$\circ$	$\circ$										Votes	$\begin{array}{c}\n\sqrt{3} \ \end{array}$			$\circ$
0	$\bullet$	$\bullet$	0	$\bullet$	0	0	0										Votes	$In$ $In$			$\bullet$
0.0000	0.0000	0.0000	42.2202	0.0000	0.0000	37.3553	0.0706										% of Votes	against on votes polled $(7) = [(5)/(2)]*10$			0.0000
0.0000	0.0000	0.0000	57.7797	100.0000	0.0000	62.6447	99.9294		SPECIAL - To appoint Mrs. Vemuri Usha Rani (DIN: 03601565) as an Independent Director.								% of Votes in	favour on	votes polled	$(6)=[(4)/(2)]*$ 100	100.0000
0	0	$\bullet$	4,195	$\bullet$	$\circ$	4,195	4,195										No.of	Votes		against (5)	$\bullet$
0	$\bullet$	$\bullet$	5,741	1,294	$\bullet$	7,035	59,39,362										No. of	$V$ otes – in favour $(4)$			59,32,327
0.0000	0.0000	$\circ$	0.1514	0.0197	0.0000	0.1711	47.5033										% of Votes	outstandin Polled on		$(3)=(2)(1)$ $[4]$ 100 g shares	99.7478
$\circ$	$\bullet$	$\circ$	9,936	1,294	$\bullet$	1,230	59,43,557										No. of	polled (2) votes			59,32,327
			65,64,292				1,25,11,875										No.of	shares held $\ominus$			59,47,327
Poll	applicable) Ballot (if Postal	Total	E-Voting	Poll	applicable) Ballot (if Postal	Total	Total	3				$\overline{a}$					Mode of	Voting			E-Voting
Institutions			Public-Non	Institutions				Resolution No.	Resolution	required:	(Ordinary Special)	Whether	promoter/	are interested in promoter group	the	agenda/resoluti $\sin^9$	Category				Promoter and

$\label{eq:1} \frac{1}{\sqrt{2}}\int_{0}^{\sqrt{2}}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^{2}d\mu$

ng mang-pag-pag-pag-pag-pag-pag-pag-pag-pag-pa

0	0		$\bullet$	0	0	0			$\bullet$	$\bullet$	0	$\bullet$			0	$\bullet$
0	0		0	0	0	0			0	0	0	0			0	0
0.0000	0.0000		0.0000	0.0000	0.0000	0.0000			0.0000	27.1235	0.0000	0.0000			23.9982	0.0453
0.0000	0.0000		100.0000	0.0000	0.0000	0.0000			0.0000	72.8764	100.0000	0.0000			76.0018	99.9547
$\bullet$	0		0	0	$\bullet$	0			$\bullet$	2,695	$\bullet$	$\bullet$			2,695	2,695
0	0		59,32,327	0	0	0				7,241	1,294	$\bullet$			8,535	59,40,862
0.0000	0.0000		99.7478	0.0000	0.0000	0.0000			$\ddot{\phantom{0}}$	0.1514	0.0197	0.0000			0.1711	47.5033
$\bullet$	0		59,32,327	0		0			0	9,936	1,294	$\bullet$			11,230	59,43,557
				256						65,64,292						1,25,11,875
Poll	Ballot (if Postal	applicable)	Total	E-Voting	Poll	Postal	Ballot (if	applicable)	Total	E-Voting	Poll	Postal	Ballot (if	applicable)	Total	Total
Promoter Group				Public-	Institutions					Public-Non	Institutions

Sri. Ch. Mallikarjuna, Company Secretary proposed vote of thanks. The meeting concluded at 04:30 p.m.

Place: Hyderabad
Date: 12-09-2024

Chairman & Managing Director
DIN: 00107886 T. GOPICHAND