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Tera Software Ltd. Company History and Annual Growth Details

2006

- Was founded in the year 1994

- the operations were started in the year 1995 and has more tha 1100

employees working in th ecompany with more tha 40 clients.

- The Initial Public Offering was done in 2000

- The offerings of the company are :
E-Governance Group
System Integration & Networking Group
IT Enabled Services Group
Software Development & Consultancy Group

- Tera Software Ltd has approved the allotment of warrants at a face value of Rs 10/- convertible into equity shares of Rs 10/- each at a premium of Rs 67/- per share aggregating to Rs 61.60 million on preferential basis to Promoter Group(s) and Other Investors or Select Group of Persons, in terms of the resolution passed by the Members at the Extra Ordinary General Meeting held on June 05, 2006.

-Tera Software has given the Bonus in the Ratio of 1:4

2007

-The Company recommended dividend at 20%

-The Company has been selected as Empanelled Vendor for Rollout of IT Services in Government Sector through National Informatics Centre Services Inc. (A Government of India Enterprise under NIC), Ministry of Communications & Information Technology

2008

-The Company has recommended payment of dividend at 20%

-The Company entered into an agreement with Director of School Education, Government of Andhra Pradesh, School Education Department, Andhra Pradesh, Hyderabad to Implement of Computer Education Programme in the District of Nalgonda (280 Schools)

-The Company entered into an agreement with Governor of State of Rajasthan, Acting through Secretary Planning (IF) Department. State Government of Rajasthan in consortium with Bartronics India Ltd to implement Bhamashah Financial Empowerment Scheme in Bharatpur Division

2009

-The Company recommended Payment of Dividend at 20%

2010

-The Company recommended Payment of Dividend at 15% for the financial year

2011

-Tera Software crosses Key Milestone of 1 Crore AADHAAR enrollments

-The Company recommended Dividend at 20%

-The Company Bagged a prestigious project of Government of India.


2012

--Registered Office of the Company has been shifted to #8-2-293/82/A/1107, Plot No.-1107, Road No. 55, Jublilee Hills, Hyderabad - 500033, Andhra Pradesh.

-The Company recommended Dividend at 20%

-The Company has been awarded a Service Contract under NPR40CRORE Project in the states of Assam and UP in 6 BMDCs covering 2.68 crores population.

2013
-Board of Directors of the Company has recommended a dividend Re. 1/- per share of face value of Rs. 10/- each i.e. @10%.

2014
-Board of Directors of the Company has recommended a dividend of 8% (i.e., 80 paisa) per share of face value of Rs. 10/- each.
-Appointed Sri. Koteswara Rao SSR as Additional Director of the Company.

2015
-Tera Software has bagged an order worth Rs 32 crore from Government of Andhra Pradesh for Automation of PDS (Public Distribution system).
-Tera Software has received the award of work of Rs. 320.88 crores for implementation and management of Aerial Optical Fiber Grid.

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