TeamLease Services will divest its 30% stake in joint venture Crystal HR and Securities Solutions Private Limited for Rs. 10.12 Crore. The move aligns with portfolio rationalization.
ICICI Prudential Mutual Fund reduced its stake in TeamLease Services Ltd by selling 3,48,176 shares. The company filed this disclosure under SEBI SAST regulations.
TeamLease successfully completed its share buyback, utilizing ₹238 Crore for the tender offer. This post-buyback announcement follows regulatory disclosure requirements.
TeamLease received a court order quashing an EPFO Show Cause Notice. The High Court directed EPFO to consider the company's reply and conduct an enquiry.
TeamLease Services announced voting results for a postal ballot. Shareholders approved the re-appointment of independent directors and a ₹148.5 Crore share buyback.
TeamLease has filed a writ petition in the Karnataka High Court against a GST penalty order. The company is challenging the order and seeking interim relief, with no material operational impact currently.
TeamLease Services announced a ₹238 Crore share buyback via tender offer at ₹1,600 per share. Shareholders will vote on this and director re-appointments via postal ballot.
TeamLease Services received a Stay Order from the Karnataka High Court regarding an EPFO show cause notice. This provides temporary legal relief during active litigation.
TeamLease Services promoted Mr. Navin Patil to Head - Human Resources. This internal leadership transition reflects the company's succession planning and senior management continuity.
TeamLease Services Limited approved the re-appointment of three Independent Directors for a second five-year term. This ensures board continuity and maintains compliance with corporate governance standards.
TeamLease Services reported FY26 consolidated PAT of ₹147.1 Crore on revenue of ₹11,859 Crore. The company also announced a ₹238 Crore share buyback proposal.
TeamLease Services approved a ₹238 Crore share buyback at ₹1,600 per share via tender offer. The board also reported annual net profit of ₹97.23 Crore.
TeamLease filed a writ petition challenging an EPFO Show Cause Notice involving ₹184.58 Crore. The company continues legal recourse to resolve the disputed claims.