Tera Software Bags Rs.62.74 Cr. Order

July 21, 2011 at 1:53 am | Posted in The Market | Comments Off on Tera Software Bags Rs.62.74 Cr. Order

(RTTNews) – Tera Software Ltd. said it had bagged fresh work orders aggregating to Rs.62.74 crore for Unique Identification Authority of India or UIDAI and NPR Projects.

The first UIDAI Order received from Central Bank of India, State Bank of Travencore, Dena Bank, State Government of Goa for AADHAAR implementation in the States of Kerala, Karnataka, Tamilnadu, Madhya Pradesh and Goa. The value of the work order would be approximately Rs.48.67 crore covering 148 lakh population over a period of one year.

The second one was NPR order received from Electronics Corporation of India Ltd., Hyderabad, for Rs.14.07 crore for implementation of National Population Registry pertaining to in State of West Bengal.

The company said its board recommended increasing the equity towards margin money for funding UIDAI, NPR and Nagaswan projects.

At the BSE, Tera Software shares are being traded at Rs.52.65, up by 3.13 percent from the previous close.

by RTT Staff Writer

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