NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company22 Jun 2026 · 22 Jun 2026, 02:24 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Teamlease Services Limited · TEAMLEASE

✦ AI SummaryLitigation

Teamlease Services Limited announced it has received an Interim Order dated June 17, 2026, from the Hon'ble High Court of Karnataka. This order relates to a Writ Petition filed by the company on June 12, 2026, challenging an earlier Order-in-Appeal from the Commissioner of CGST & Central Excise (Appeals-III), Mumbai. The company stated it will continue to pursue appropriate legal recourse in this ongoing litigation.

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Earnings Impact5/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10

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TeamLease Intimation on receipt of Interim Order in respect of Writ Petition filed on June 12, 2026, with Hon ble High Court of Karnataka

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June 22, 2026 To To Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot no. C/1, G Block, Mumbai - 400 001 Bandra Kurla Complex, Bandra(E), Mumbai - 400 051 Scrip Code: 539658 Scrip Code: TEAMLEASE Dear Sir/Ma’am, Sub: TeamLease Services Limited (TeamLease/the Company) – Intimation on receipt of Interim Order in respect of Writ Petition filed on June 12, 2026, with Hon’ble High Court of Karnataka Ref: 1. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 2. SEBI Intimation filed dated May 06, 2026, pursuant to receipt of Order‑in‑Appeal dated January 30, 2026, from Commissioner of CGST & Central Excise (Appeals-III), Mumbai (Enclosed) 3. SEBI Intimation filed dated June 12, 2026, pursuant to Writ Petition filed on June 12, 2026, with Hon’ble High Court of Karnataka in response to receipt of Order-in-Appeal from Commissioner of CGST & Central Excise (Appeals-III), Mumbai (Enclosed) With reference to the above-mentioned subject and in continuation of the SEBI Intimations filed dated May 06, 2026, and June 12, 2026, this is to inform you that the Company has received on June 22, 2026, an Interim Order dated June 17, 2026, from the Hon’ble High Court of Karnataka against the Writ Petition bearing number W.P. No. 18126/2026 filed in response to receipt of Order-in-Appeal from Commissioner of CGST & Central Excise (Appeals-III), Mumbai. The details of the development as required under the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is attached herewith as Annexure – A. The Company shall continue to take appropriate legal recourse in the matter and remain committed to ensure compliance with applicable laws and regulations. Further material developments, if any, will be intimated to the Stock Exchange(s) in due course. TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com Kindly take the above information on record as per SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 and oblige. Thanking You. Yours faithfully, For TeamLease Services Limited Alaka Chanda Company Secretary and Compliance Officer TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com Annexure A Details under Regulation 30 of the SEBI LODR Regulations, 2015 read along with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 SL. PARTICULARS DETAILS 1 Details of any change in The Company has received an Interim Order dated June the status and/or any 17, 2026, from the Hon’ble High Court of Karnataka development in relation to against the Writ Petition bearing number W.P. No. such proceedings 18126/2026 filed in response to receipt of Order-in-Appeal from Commissioner of CGST & Central Excise (Appeals-III), Mumbai. 2 In the case of litigation Not Applicable against key management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings 3 In the event of settlement Not Applicable of the proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity ****** TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com June 12, 2026 To To Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot no. C/1, G Block, Mumbai - 400 001 Bandra Kurla Complex, Bandra(E), Mumbai - 400 051 Scrip Code: 539658 Scrip Code: TEAMLEASE Dear Sir/Ma’am, Sub: TeamLease Services Limited (TeamLease/The Company) – Writ Petition filed on June 12, 2026, with Hon’ble High Court of Karnataka in response to receipt of Order in Appeal from Commissioner of CGST & Central Excise (Appeals III), Mumbai Ref: 1. Disclosure under Regulation 30 of the SEBI (Lis‑ting Obligations and Disclosure Requirements) Regulations, 2015 2. SEBI Intimation filed dated May 06, 2026, pursuant to receipt of Order in Appeal dated January 30, 2026, from Commissioner of CGST & Central Excise (Appeals-III), Mumbai (Enclosed) With reference to the above-mentioned subject and in continuation of the SEBI Intimation filed dated May 06, 2026, pursuant to receipt of Order in Appeal dated January 30, 2026, from Commissioner of CGST & Central Excise (Appeals-III), Mumbai, this is to inform you that the Company has filed a Writ Petition on June 12, 2026, before the Hon’ble High Court of Karnataka, challenging the aforesaid Order in Appeal and the details of the development on the said petition of the Company under the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is attached herewith as Annexure – A. The Company shall continue to take appropriate legal recourse in the matter and shall remain committed to ensure compliance with applicable laws and regulations. Further material developments, if any, will be intimated to the Stock Exchange(s) in due course. Kindly take the above information on record as per SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 and oblige. TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com Thanking You. Yours faithfully, For TeamLease Services Limited Digitally signed by ALAKA CHANDA A LAKA D stN re: ec t= =I AN 2, p 6o 0s 6t ,a GlC Eo Nd Ee S= IS5 6 E0 C1 O0 S0 P, Hst E= RK EA ,NRN EEA LT AA DK RA I, ROAD, ELECTRONIC CITY PHASE 1, ,BENGALURU,BANGALORE ,560100, l=BENGALURU, o=Personal, serialNumber=517305e83ff4a6366a89606c6671b801 CHANDAa .5 4u6 2f o9 06 98 e=6 012 247 59d 098 56b afc 0d6 7db 7f7 1ba be 3f 89 258 7cc a9a e6, 6 dc 3fd c6 de 57 04 c5 10 d5 f1, f7706d9b2b91a3134ca38ed1cbf, email=ALAKANDHAWAN@GMAIL.COM, cn=ALAKA CHANDA Date: 2026.06.12 17:21:25 +05'30' Alaka Chanda Company Secretary and Compliance Officer TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com Annexure A Details under Regulation 30 of the SEBI LODR Regulations, 2015 read along with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 SL. PARTICULARS DETAILS 1 Details of any change in the The Company has filed a Writ Petition on June 12, 2026, status and/or any with Hon’ble High Court of Karnataka in response to development in relation to receipt of Order in Appeal dated January 30, 2026, from such proceedings Commissioner of CGST & Central E [Showing first 8,000 characters — download PDF for full document]