Pursuant to Regulation 17(1)(A) of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, Tera Software has informed that the Board of directors have approved the continuation of directorship of non-executive Independent directors of the company aged 75 years and above as given in the letter enclosed. The Company will obtain the approval of the shareholders through postal ballot in due course. The Cut-off date for the purpose of sending postal ballots will be 1st March, 2019.
The above information is a part of company’s filings submitted to BSE.
