NSEGeneral Updates20 Aug 2026 · 20 Aug 2026, 06:52 pm

General Updates

Teamlease Services Limited · TEAMLEASE

✦ AI SummaryDivestiture

TeamLease Services Limited has divested its entire stake in Joint Venture Company; Crystal HR and Securities Solutions Private Limited, ceasing to be a joint venture entity of the Company.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

TeamLease Divestment of entire stake in Joint Venture Company; Crystal HR and Securities Solutions Private ( Crystal HR )

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TEAMLEASE_20082026185002_TeamLeaseIntimationonBuybackandTransferofShares.pdf

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August 20, 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) – Divestment of entire stake in Joint Venture Company; Crystal HR and Securities Solutions Private (“Crystal HR”) Ref: 1. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 2. SEBI Intimation filed dated July 29, 2026, pertaining to Divestment of entire stake in Joint Venture Company; Crystal HR and Securities Solutions Private Limited (Enclosed as Annexure A). 3. Execution of Exit Agreement with Joint Venture Company; Crystal HR and Securities Solutions Private Limited (“Crystal HR”) (Enclosed as Annexure B). With reference to the above and in continuation of our intimations dated July 29, 2026, and August 13, 2026, we wish to inform you that the Company has initiated the exercise of its’ exit option under the Exit Agreement dated August 12, 2026, entered into between the Company and Crystal HR. The structure of the complete exit transaction is detailed below: Total stake Divested: 30% Shareholding in Crystal HR (Comprising a total of 3,000 Equity Shares). Particulars Current Status Mode of Transfer (Part 1): Transfer of 1,800 The transfer of the initial 1,800 Equity Shares to Equity Shares by TeamLease Services Limited and Ms. Srividya V has been successfully executed, and its Nominees to Ms. Srividya V, one of the the corresponding shares are in the process of Promoters of Crystal HR has been initiated on being credited to the beneficiary's account. August 20, 2026. 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 Mode of Buyback (Part 2): Tender of the The remaining 1,200 Equity Shares have been remaining 1,200 Equity Shares for Buyback by formally tendered for Buyback and will be TeamLease. processed and credited/extinguished in due course pursuant to applicable laws and the terms of the Exit Agreement. Upon completion of the Buyback process, Crystal HR will cease to be a joint venture entity of the Company. Further material developments, if any, will be intimated to the Stock Exchange(s) in due course. We request you to kindly take the above information on record. Thank You. Yours faithfully, For TeamLease Services Limited Alaka Chanda Company Secretary and Compliance Officer Encl: As state 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 August 13, 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) – Execution of Exit Agreement with Joint Venture Company; Crystal HR and Securities Solutions Private Limited (“Crystal HR”) Ref: 1. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 2. SEBI Intimation filed dated July 29, 2026, pertaining to Divestment of entire stake in Joint Venture Company; Crystal HR and Securities Solutions Private Limited (Enclosed as Annexure A). With reference to the above and in continuation of our intimation dated July 29, 2026, we wish to inform you that the Company has entered into an Exit Agreement dated August 12, 2026, with Crystal HR and Securities Solutions Private Limited, pursuant to the exercise of the exit option under the Share Purchase Agreement dated January 06, 2025 ("SPA") entered into between the Company and Crystal HR. The execution of the Exit Agreement is in furtherance of the divestment transaction previously disclosed to the stock exchanges and the terms of the SPA. We request you to kindly take the above information on record. Thank You. Yours faithfully, For TeamLease Services Limited A CHLA AK NA D A DDG1s6p2bcDe n, 2 .s 9EiN a 5rg , e =7 1NB ti .: 4ai u e d aAEtcE l . :da 38 2NN = LS 2l o 1b 0 Al II Gu 0y SN 3nc = Km 2 A 46s, yE 7 A 6i Lp cbmC bg 9 .U a 0Co 7eO en = 3 8Rs 6 Hr 0e S 81=t .4U 2 1AdaP e458 5, 3l NH dB 9Cb 17 0 9 1A 1E D7oy a 56 8R c 3N ed AaA bf :E f0 0e 2G dL 9 f 5= 7 9, ,dA A 8N e 7 :e5 fc 0K LE 8 0 m16 a 3OA E 3 420 , aL fR +9a1C f iAE4 4f 0l0H =eD a a 50 , 1A A56 b 'R, 3b 6N L3s 1I 0 30t A6 8RD '= 216 K5OAK 70a c AA aA 08 9 NeD,R 9 6 l D76N 6,= dE H0 cBA 3L f6 AE dTE ccN WA 6dC 6G eK 5T 6 A7A 0RA7 N4cO 1, L @51s bUNt 0d8 Gr RI 5feC 0 MU 1,e 1 dC,t A ao= fI f 7IT= L4A 7Y .5P2 C0 6Pe O66 fHr d90 s MAo6 96 ,Sn5 b, E aa 2 8l, Alaka Chanda Company Secretary and Compliance Officer Encl: As state 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 July 29, 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) - Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Divestment of entire stake in Joint Venture Company; Crystal HR and Securities Solutions Private Limited With reference to the captioned subject matter and pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"), this is to inform you that, the Board of Directors of TeamLease ("the Company"), at its meeting held on July 29, 2026, has decided to exercise its exit option under the Share Purchase Agreement dated January 06, 2025, (SPA), entered into by the Company and Crystal HR and Securities Solutions Private Limited (“Crystal HR”). Consequently, as per the terms of the SPA, Crystal HR has agreed to Buyback Company’s entire equity stake of 30%. The transaction is being undertaken pursuant to the terms mutually agreed between the parties and is subject to completion of customary conditions precedent and regulatory/contractual approvals, if any. Upon completion of the transaction, the Joint Venture Company shall cease to be a joint venture of the Company. The Board has determined that the proposed divestment is in the best interests of the Company and its Shareholders, considering portfolio rationalisation and capital allocation priorities. In compliance with Regulation 30 of SEBI LODR Regulations, 2015 and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, please find enclosed herewith the required disclosures in 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) 6 [Showing first 8,000 characters — download PDF for full document]