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Tera Software Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2019

1. The audited financial results for the quarter and year ended 31st March 2019 have been reviewed by the Audit Committee and were approved by the Board of Directors of the Company at the meeting held on 24th May 2019.

2. This statement is as per regulation 33 of the SEBI (Listing obligations and disclosure Requirements) Regulations, 2015. These audited financial 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. Corresponding quarter/year figures have been re-grouped /re-classified wherever necessary to confirm to the classification of the current period.

T Gopichand
Vice Chairman & Managing Director