TeamLease Approves Employee Stock Option Plan 2026

TeamLease Services Ltd's Board of Directors has approved the formulation and implementation of the "TeamLease Services Limited Employee Stock Options and Restricted Stock Units Scheme 2026" (ESOS 2026). This plan, subject to shareholder and regulatory approvals, aims to create a pool of 1,79,515 employee stock options and 76,935 restricted stock units. Each option/RSU will be convertible into one equity share of face value ₹10. The exercise price for options will be determined by a committee with a maximum discount of 40% on the market price, while RSUs will be priced at face value, with neither being less than the face value.