Tera Software Achieves Wholly Owned Subsidiary Status of TS Innovations Private Limited
Tera Software Ltd has completed the acquisition of the remaining equity shares in TS Innovations Private Limited (TSIPL), making the entity a wholly owned subsidiary of the company as of June 13, 2026. The transaction involves the purchase of 2,600 equity shares from Sitra Infotech Private Limited, which is an existing promoter group entity.The acquisition finalized on June 13, 2026, allowing Tera Software to increase its shareholding in TSIPL from 74% to 100%. Prior to the transaction, TSIPL was already a subsidiary of Tera Software Ltd.
The total consideration paid for the remaining equity stake was 126,000/-. The acquisition is an inter-se deal among promoter group entities and has been confirmed not to cause any change in control or business operations of TSIPL.
Key details regarding this ownership transition are presented below:
| Metric | Details |
|---|---|
| Target Entity | TS Innovations Private Limited (TSIPL) |
| Industry | Information Technology / Software |
| Previous Holding | 74% |
| Shares Acquired | 2,600 equity shares of T10/- each |
| Seller | Sitra Infotech Private Limited |
| Total Consideration | 126,000/- |
| Completion Date | June 13, 2026 |
This acquisition marks the culmination of Tera Software’s interest in TSIPL, resulting in its complete ownership.
TERASOFT Stock Price Movement
On Friday, Tera Software Limited shares edged higher, concluding the session at ₹424.25 after gaining 1.37% from the previous close. The stocktraded within a daily range of ₹417.05 to ₹434 and saw 12,603 shares change hands during the period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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