Tera Software Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Sep 2023
Auditor and Management Disclosures and Notes for the quarterly results dated 30 Sep 2023
1. The above financial results for the quarter ended 30th September, 2023 have been reviewed by the Audit Committee and were approved by the Board of Directors of the Company at the meeting held on 14th November, 2023
2. This statement is as per regulation 33 of the SEBI (Listing obligations and disclosure Requirements) Regulations, 2015. These financials results of the Company were prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 ("the act") read with relevant rules issued there under ("Ind AS") and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ("SEBI").
3. Fixed Assets of the company with gross block value of Rs.838.69 Lakhs has been subject to an interim attachment by the Government of Andhra Pradesh. Vide G.O.No. 180dt31.10.2023.The company is taking steps to legally annul the attachment.
4. Corresponding quarter/Year figures have been re-grouped /re-classified wherever necessary to confirm to the classification of the current period.