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Tera Software > Company History > Computers - Software Medium & Small > Company History of Tera Software - BSE: 533982, NSE: TERASOFT
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Tera Software

BSE: 533982|NSE: TERASOFT|ISIN: INE482B01010|SECTOR: Computers - Software Medium & Small
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Company History - Tera Software
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.
 
 
Source : Dion Global Solutions Limited
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