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Tera Software Ltd. Regulatory Filings 2020
61455_rns_2020-07-18_389d5fc7-2d46-4049-85e3-1043cfa6e1af.pdf
Regulatory Filings
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TERA SOFTWARE LIMITED
#8-2-293/82/A/1107, Plot No. 1107, Road No. 55, Jubilee Hills, Hyderabad-500 033 Telangana INDIA
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001 Maharashtra India Scrip Code: 533982
July 18, 2020 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Banda (E), Mumbai-400051 Maharashtra India Symbol: TERASOFT
Dear Sir(s ),
Sub: Disclosures of Related Party Transactions under Regulation 23(9) of SEBI LODR Regulations.
Please find enclosed the disclosure on Related Party Transactions of the Company for the half year ended March 31, 2020. This disclosure is being made in compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
This is for your information and records.
Shabnam Siddiqui Company Secretary Encl: a/a
CIN: L72200TG1994PLC018391
RELATED PARTY TRANSACTIONS:
Transaction for the half year ended 31st March, 2020:
| Party Name | Relation | Nature of transaction | Value oftransaction | Closing balanceas on 31-03-2020 |
|---|---|---|---|---|
| Mr. T. Gopichand | Key Managerial Personnel (Vice Chairman & Managing | Remunerationfor | 42,00,000 | 2,16,45,036 |
| Director), Spouse of Smt. T. Pavana Devi & Brother of | Receiving Services | |||
| Sri T. Bapaiah Chowdary. | ||||
| Mr. T. Gopichand (HUF) | Key Managerial Personnel (Vice Chairman & Managing | Interest on Unsecured | 7,95,828 | 1,41,49,045 |
| Director) | loans to Company | |||
| Smt. T. Pavana Devi | Director of the Company Spouse of Sri T. Gopichand | Sitting Fees | 27,000 | NIL |
| (Vice Chairman & Managing Director) | ||||
| Mr. T. Bapaiah Chowdary | Director of the Company Brother of Sri T. Gopichand | Sitting Fees | 34,000 | NIL |
| (Vice Chairman & Managing Director) | ||||
| Mr. T. Madhu Mitra | Son of Sri T. Gopichand (Vice Chairman & Managing | Remuneration for | 5,60,172 | 1,48,741 |
| Director) & Smt. T. Pavana Devi, Director | Services | |||
| Mrs. T. Vindhya | Daughter-in-law of Sri T. Gopichand (Vice Chairman & | Remuneration for | 4,35,600 | 1,18,200 |
| Managing Director) & Smt. T. Pavana Devi, Director | Services | |||
| Mr. T. Girish | Son of Sri T. Bapaiah Chowdary, Director | Remuneration for | 3,54,114 | 1,14,038 |
| Services | ||||
| Raja Enterprises | Owned by Sri T. Bapaiah Chowdary | Purchase of Clamps, | 3,18,459 | 23, 28, 757 |
| Bolts, Nuts etc for the AP | ||||
| Fiber Grid Project & | ||||
| Odisha BBNL |
For Tera Software Limited
Research
O. Babu Reddy Chief Financial Officer
