TeamLease buyback completed; Rs 238 crores utilised, 14.87 lakh shares extinguished

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TEAMLEASE · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹1307.20

prior close

₹1309.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.1% vs market

Diversified Commercial Services peers, median of 72sector+0.0%+0.5% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.5 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.5+0.4+0.1+0.0+0.5

Next day

-1.5+1.8-3.2+0.1-1.6

-0.6+0.5-1.0+0.0-0.6

-1.0+0.9-1.9+0.3-1.3

-2.8+0.3-3.2+0.0-2.8

-5.9+1.4-7.3+0.0-5.9

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15d

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TeamLease completed its share buyback through tender offer, purchasing 14,87,500 equity shares at Rs 1,600 per share, totalling Rs 238 crore. The buyback saw strong oversubscription of 4.92 times, with 26,238 valid bids for 73,19,698 shares. Post buyback, paid-up equity capital reduced from 1,67,68,900 to 1,52,81,400 shares. Shares were accepted and transferred to the company on July 21, with extinguishment on or before July 22, 2026.

Likely market impact

Reduces share count by about 8.9 percent, boosting EPS. Strong 4.92 times oversubscription signals high investor confidence.