Tera Software Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 09, 2010, inter alia, has considered and recommended the following for the approval of the members:
1. Payment of Dividend at 15% for the financial year 2009-2010.
2. Increasing the authorized Capital from Rs. 15 Crores to Rs. 25 Crores.
3. Increasing the borrowing powers from Rs. 100 Crores to Rs. 300 Crores.