Tera Software Limited has disclosed the resignation of Mr. G. Anil Kumar from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. The resignation is effective from the close of business hours on September 15, 2026.
This disclosure is made in continuation to the company's corporate announcement dated August 11, 2026, which had intimated the appointment of Mr. G. Anil Kumar as CFO and KMP with effect from September 7, 2026.
The reason for resignation is stated as "personal exigencies" in both the regulatory disclosure and the resignation letter submitted by Mr. Kumar. In his resignation letter dated September 15, 2026, addressed to Shri T. Gopichand (Chairman and Managing Director) and the Board of Directors, Mr. Kumar cited "unforeseen personal exigencies that require my immediate and undivided attention" as the reason for his sudden departure.
The company has accepted the resignation. Consequently, a vacancy has arisen in the office of the Chief Financial Officer. The company will take necessary steps to fill the vacancy within the statutory timelines prescribed under Regulation 26A of the SEBI LODR Regulations.
The company is in the process of making necessary arrangements for smooth transition of responsibilities. Mr. Kumar expressed commitment to assisting with a smooth and orderly handover of responsibilities during the remaining hours of his notice period.
Effective Date
Resignation effective: Close of business hours on September 15, 2026
Terms of Cessation
Resignation as CFO (KMP)