Teamlease Services Limited (TEAMLEASE) — Buyback / Redemption | 20 May 2026

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📢 Key Event
TeamLease Services approved a buyback of up to 14,87,500 shares at ₹1,600 per share for ₹238 crores.

🔄 What Changed
Buyback size of 8.87% of paid-up capital and ₹238 crores spend approved.

💡 Investor Takeaway
The buyback offers a premium and returns cash to shareholders while reducing share count.

TeamLease Services announced a buyback of up to 14,87,500 equity shares at ₹1,600 per share, totaling ₹238 crores, representing 8.87% of paid-up capital as of March 31, 2026, with 15% reserved for small shareholders and subject to shareholder approval via special resolution.

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About Teamlease Services Limited (TEAMLEASE)

Services · Commercial Services & Supplies · Listed on NSE

Market Cap: ₹2,288.28 Cr P/E: 22.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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