Tera Software Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting

The Board of Directors has approved key appointments and remuneration adjustments. Mr. T. Rajasekhar is named Vice President, following a recommendation from the Nomination and Remuneration Committee. Additionally, an increase in remuneration and incentives for Sri. T. Madhu Mitra, Whole-time Director, is proposed subject to member approval, recognizing his efforts in business development and securing a BSNL project award. The board has deferred the proposal for fundraising through preferential allotment of share warrants or other securities. The meeting was held at the registered office, concluding with a positive focus on leadership and strategic direction.