NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company3 Jul 2026 · 3 Jul 2026, 04:25 pm

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

Teamlease Services Limited · TEAMLEASE

✦ AI SummaryLitigation

TeamLease Services Limited has received an order from the Hon'ble High Court of Karnataka for the disposal/quash of a Show Cause Notice issued by the Employees Provident Fund Organisation (EPFO). The EPFO has been directed to consider the company's reply and conduct an enquiry in accordance with the law.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

TeamLease Services Limited (TeamLease/The Company) Disposal/Quash of Show Cause Notice issued by Employees Provident Fund Organisation (EPFO) by the Hon ble High Court of Karnataka

Attachments (1)

📄

TEAMLEASE_03072026162433_TeamLeaseIntimationonDisposalofSCN.pdf

pdf

Download →
View document text
TeamLease Putting India to Work July 03, 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) — Disposal/Quash of Show Cause Notice issued by Employees’ Provident Fund Organisation (EPFO) by the 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 on April 28, 2026, pursuant to receipt of Show Cause Notice from Employees’ Provident Fund Organisation (EPFO) (Enclosed) 3. SEBI intimation filed on May 13, 2026, pertaining to Writ Petition filed on May 12, 2026, with Hon’ble High Court of Karnataka (Enclosed) 4. SEBI intimation filed on May 21, 2026, pertaining to Stay Order received from the Hon’ble High Court of Karnataka in respect of Show Cause Notice received from Employees’ Provident Fund Organisation (EPFO) (Enclosed) With reference to the above-mentioned subject and in continuation of the SEBI Intimations filed dated April 28, 2026, May 13, 2026, and May 21, 2026, pertaining to receipt of Show Cause Notice from Employees’ Provident Fund Organisation (EPFO), filing of Writ Petition by the Company and the receipt of Stay Order on May 20, 2026, this is to inform you that the Company has received on July 02, 2026, an Order dated June 24, 2026, for disposal/quash of Show Cause Notice issued by Employees’ Provident Fund Organisation (EPFO) by the Hon’ble High Court of Karnataka. Further, the EPFO has been directed by the Hon’ble High Court to consider the reply submitted by the Company dated March 31, 2026, and to conduct an enquiry in accordance with the law. In this regard, please find the details as required under the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, attached herewith as Annexure — A. 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 TeamLease Putting India to Work 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 Enclosed: As stated above 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 Tea m Lea se Putting India to Work 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 received on July 02, 2026, an Order status and/or any dated June 24, 2026, for disposal/quash of Show Cause development in relation to Notice issued by Employees’ Provident Fund such proceedings Organisation (EPFO) by the Hon’ble High Court of Karnataka. Further, the EPFO has been directed by the Hon’ble High Court to consider the reply submitted by the Company dated March 31, 2026, and to conduct an enquiry in accordance with the law. 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 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 KAKAA 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 “Cys TeamLease Putting India to Work May 21, 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/Company) — Stay Order received from the Hon’ble High Court of Karnataka in respect of Show Cause Notice received from Employees’ Provident Fund Organisation (EPFO) Ref: 1. Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 2. SEBI intimation filed on April 28, 2026, pursuant to receipt of Show Cause Notice from Employees’ Provident Fund Organisation (EPFO) (Enclosed) 3. SEBI intimation filed on May 13, 2026, pertaining to Writ Petition filed on May 12, 2026, with Hon’ble High Court of Karnataka With reference to the above-mentioned subject and in continuation of the SEBI Intimations filed dated April 28, 2026, and May 13, 2026, pertaining to receipt of Snow Cause Notice from Employees’ Provident Fund Organisation (EPFO) and filing of Writ Petition by the Company, this is to inform you that the Company has received a Stay Order on May 20, 2026, from the Hon’ble High Court of Karnataka. Further, material developments, if any, will be intimated to the Stock Exchange(s) in due course. In this regard, please find the details as required under the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, attached herewith as Annexure —A . 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 TeamLease Putting India to Work 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: Alaka Chanda Company Secretary and Compliance Officer Encl: As stated above 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 o(~ )e TeamLease Putting India to Work 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 SI. No. Particulars Update/Status a. The details of any change in the status The Company has received a Stay Order and/or any development in relation to on May 20, 2026, in response to the Writ such proceedings Petition filed on May 12, 2026, with Hon’ble High Court of Karnataka. In the case of litigation against key Not Applicable 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 [Showing first 8,000 characters — download PDF for full document]