TeamLease Services Ltd

TeamLease Services Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from July 1, 2026, until 48 hours after the board meeting to declare the unaudited financial results for the quarter ending June 30, 2026. The trading window is expected to remain closed until July 31, 2026. The exact date of the board meeting will be communicated separately.

TeamLease Services Ltd has received an Interim Order dated June 17, 2026, from the Hon'ble High Court of Karnataka concerning Writ Petition No. W.P. No. 18126/2026. This petition was filed in response to an Order-in-Appeal received from the Commissioner of CGST & Central Excise (Appeals-III), Mumbai. The company has been actively pursuing legal recourse and remains committed to regulatory compliance. Further developments will be communicated as they occur.

TeamLease Services Limited has announced July 3, 2026, as the record date for its proposed buyback of up to 14,87,500 equity shares at ₹1,600 per share. This buyback, subject to shareholder approval, aims to repurchase shares through a tender offer process. The company's Board of Directors had previously approved the buyback proposal on May 20, 2026. Shareholders are currently voting on the proposal via postal ballot, with e-voting open until June 28, 2026. This move is part of the company's strategy to return value to shareholders.

TeamLease Services Ltd has filed a Writ Petition on June 12, 2026, with the Hon'ble High Court of Karnataka. This legal action challenges an Order-in-Appeal dated January 30, 2026, received from the Commissioner of CGST & Central Excise (Appeals-III), Mumbai. The company is pursuing appropriate legal recourse and remains committed to regulatory compliance. Further material developments will be disclosed as they occur.

TeamLease Services Ltd has received a stay order from the Hon'ble High Court of Karnataka on May 20, 2026, regarding a Show Cause Notice from the Employees' Provident Fund Organisation (EPFO). This follows the company's writ petition filed on May 12, 2026, with the High Court. The company had previously intimated the stock exchange about the receipt of the Show Cause Notice and the filing of the writ petition.

TeamLease Services Ltd has announced the change in designation of Mr. Navin Patil from Deputy Head - Human Resources to Head - Human Resources, effective May 20, 2026. Mr. Patil has been associated with TeamLease from 2010 to 2016 and rejoined in September 2018. He has 19 years of experience in HR, including roles at Quikr India, Allsec Technologies, Aegis, and Academy for Knowledge & Skill.

TeamLease Services Ltd has announced the re-appointment of three Independent Directors, Mr. Mekin Maheshwari, Mrs. Meenakshi Nevatia, and Mr. Somasundaram Subramaniam, for a second term of 5 years each. The re-appointments, approved by the Board on May 20, 2026, are subject to shareholder approval. Their new terms will commence in June and July 2026, following the completion of their initial 5-year terms.

TeamLease Services Ltd's board approved a buyback of up to 14,87,500 equity shares at ₹1,600 per share, payable in cash, for an aggregate amount not exceeding ₹238 Crores. The buyback represents 8.87% of the total paid-up capital as of March 31, 2026, and is subject to shareholder approval via postal ballot. The buyback price represents a premium of 15.37% and 15.58% over the closing price on NSE and BSE, respectively, on May 8, 2026.

TeamLease Services Ltd announced its Q4 and full-year FY26 results, reporting a YoY EBITDA increase of 14%, PBT increase of 36%, and PAT increase of 33%. Net free cash stands at ₹600 Crore. The board approved a buyback of up to 25% of free reserves. Full-year Revenue and EBITDA for HR Services each grew 23%, and Specialized Staffing delivered strong growth with gross revenue up 13% YoY and full-year EBITDA climbing 15%. 109 new enterprise client logos were added during the quarter, with 24% of gross associates hired being first-time job seekers.

TeamLease Services Ltd has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The results, along with the audit report and a press release, have been submitted to the stock exchange as per SEBI LODR Regulations, 2015. The company's board of directors is responsible for the preparation and presentation of the financial results.