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Management change

Tera Software Director T. Bapaiah Chowdary appointed

Tera Software (BSE: TERASOFT) said T. The company is valued at about ₹270 crore.

BCEIE News Desk · Published 30 Sept 2026, 06:17 pm IST · Filing received 30 Sept 2026, 06:01 pm IST

What happened

Tera Software (BSE: TERASOFT) informed the stock exchanges on 30 September 2026 at 06:01 PM that T. Bapaiah Chowdary, Director, has been appointed; and Bapaiah Chowdary Tummata, Director, has retired.

From the filing: "Bapaiah Chowdary Tummata (DtN: OO1O7gg5) as a Director, who retired by rotation and, being eLigibte, offered himsetf for re- appointment."

Company snapshot

Tera Software is a micro-cap company, with a market value of about ₹270 crore.

The stock last traded at ₹215.7, against a 52-week range of ₹211.1–₹598 (63.9% below the high).

Before this filing the shares had moved −28.4% over the month and −47.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.66 crore.

Promoters held 47.53% at the end of Q1 FY27; 18.20% of promoter shares were pledged. Foreign institutions owned 0.00% and domestic institutions 0.00%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26334.73.72
Q2 FY26716.65.25
Q3 FY26596.45.09
Q4 FY2675—5.77
Q1 FY27504.63.71

What history shows

BCEIE's records show 3 previous management change filings from the company since May 2026.

After those filings, the stock fell 4.3% on average the next trading day and was down 9.5% on average after five days (3 filings with price data).

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
16 Sept 2026Resignation of Director/KMP/SMP+1.0%−5.8%
12 Aug 2026Management change−15.2%−20.8%
26 Jun 2026Management change+1.2%−1.9%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.