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Tera Software Ltd. Major Shareholding Notification 2021

Mar 19, 2021

61455_rns_2021-03-19_3a6530e1-62a8-4844-be45-69d46ade17af.pdf

Major Shareholding Notification

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Date: l9th March,2D2l

BSE Limited National Stock Exchange of India Limited

F.J. Towers Exchange plaza,Bandra Kurla complex, Dalal street, Mumbai - 400 001 Bandra(E), Mumbai - 400051

Scrip Code: 533982 Symbol: TERASOX'T

Company Secretary Tera Software Limited Plot No.l107, Road No.55 Jubilee Hills-500033 Hyderabad.

Sub: Post Intimation under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 201I for acquisition of shares.

Dear Sir,

As due compliance of Regulation 10(6) of SEBI (Substantial Acquisition of Shares and i f:":.:l}:g:latio1s, zot t the.under'signed b:Te. th" promoter of the Company, disclosing the Post Intimation after acquisition in the specified format in respect of inter-se transfer of 18,00,000 shares (14.39%) of Tera Software Limited as detailed in the disclosure as attached.

Thanking You.

Yours truly,

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TTJMMALA RAJASEKHAR Promoter & Acquirer

To

Ilisclosures under Regulation l0 (6) - Renort to Stock F'.*chanses in resnect of accuisition made in reliance upon e.emption provided for in Regulation l0 of ST'Ri (Suhsta;ti;m and Takeovers) Regulations. .01I

1 Name of the Target Company (TC) Tera Software Limited
) Name(s) of the acquirer (s)
Tummala Rajasekhar
J. Name ofthe stock exchange where shares
lfthe TC are listed
l) BSE Limited and2) National Stock
Exchange of India Limited
4. Details of the transaction including
rationale, if any, for the transfer/acquisitior
ofshares.
Inter-se Transfers between closed relatives
and Promoters through Gift as follows:
1) 5,03,718 shares from Tummala Gopichand
(HUF)
2) 6,96,282 shares from Tummala Gopichand
3) 6,00,000 shares from Tummala Pavana Devi
5. lelevant sub-clause of regulation l0(1)(a)
rnder which the acquirer is exempted from
naking open offer
Regulation l0(l)(a) (i) and (ii) of SEBI (SAST)
legulations,20ll
6. Whether disclosure of proposed acquisition
was required to be made under regulation
l0(5) and if so,
- Whether disclosure was made and whether
t was made within the timeline specified
rnder the regulations.
- date of filing with the stock exchange.
Yes
1 lth March,2021
7. Details of acquisition Disclosures required to be made
mder regulation l0(5)
Whether the
lisclosures
rnder
:egulation
l0(5) are
rctually made
a. Name of the transferor/Seller 1) Tummala Gopichand (I{UF)
)) Tummala Gopichand
l) Tummala Pavana Devi
b Date of acquisition lTth March,202l to l8th
March,202l
Yes
c. Number of Shares/ Voting Rights in
respect of the acquisition from each
person mentioned in7(a) above
l) Tummala Rajasekhar
rcquired 5,03,718 shares from
lummala Gopichand (HUF)
Z) Tummala Rajasekhar acquired
i,96,282 shares from Tummala
3opichand
l) Tummala Rajasekhar acquired
i,00,000 shares from Tummala
)avana Devi
d Total shares proposed to be acquired/
actually acquired as a%o of diluted
share capital of TC
14.39%
Price at which shares are proposed to
be acquired / actually acquired
Nil (being inter se transfer of
;hares without consideration
retween promoters)
8. Shareholding details Pre-Transaction
Post-Transaction
[o. of
rhares held
Yow.r.t.
.otal share
:apital of
TC
\Io. of
;hares held
o/ow.t.t.
:otal share
:apital of
TC
a Each Acquirer/ Transferee
l. Tummala Rajasekhar - Acquirer 102461',, 8.1! 28246 i 22.51
b Seller (s)
2. Tummala Gopichand fiUF) 50371 t 4.03 0.0(
3. Tummala Gopichand 189283( 15.1 lI9655t 9.5i
4. Tummala Pavana Devi 1r7476( 9.39 57476( 4.5t

Place: San Jose, Califomia Date: l9thMarcb,2l2l

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Signature of the Acquirer & Promoter Name: Tummala Raj asekhar