Tera Software Ltd to form JV with Sitra Infotech Pvt Ltd

The Board of Directors of Tera Software Limited at their meeting held today i.e. wednesday, l2th July, zo23 at the Registered office of the Company situated at plot No.1107, Road No.55, Jubilee Hills, Hyderabad-500033, Telangana, India, has approved the proposal to enter into a Joint Venture Agreement with Sitra Infotech Private Limited and form a Private Limited Company in the ordinary course of business and to participate in e-tender invited by ONGC for award of contract for "Survey, Engineering, Supply, Installation & Commissioning of CCTV System.

Shares of Tera Software Limited was last trading in BSE at Rs. 46.55 as compared to the previous close of Rs. 47.47. The total number of shares traded during the day was 3121 in over 25 trades.

The stock hit an intraday high of Rs. 49.60 and intraday low of 46.00. The net turnover during the day was Rs. 145241.00.

Source : Equity Bulls

Keywords

TeraSoftware INE482B01010 JVAgreement SitraInfotech