Teamlease Services Limited (TEAMLEASE) — Board Meeting

📢 Key Event
Board approves FY26 audited results, buyback, and director reappointments

🔄 What Changed
Proposed ₹238 crore buyback at ₹1,600/share (8.87% stake), re-appointment of three independent directors for second terms, and confirmation of unmodified audit opinion

💡 Investor Takeaway
The buyback may support share price but dilutes existing shareholders' ownership proportionally

TeamLease Services Limited approved its FY26 audited financial results at the May 20, 2026 board meeting, including a proposed buyback of 1,487,500 shares at ₹1,600 per share for up to ₹238 crores, re-appointment of three independent directors, and confirmation of an unmodified audit opinion. The financials showed total income of ₹2,138 crore for FY26, basic EPS of ₹12.49, and total assets of ₹2,484.14 crore, with key disclosures on tax disputes, labour code impacts, and PF litigation.

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