TeamLease - Intimation with respect to Buyback of Securities

Buyback Premium Above 10pctCorporate Actions View source PDF Explain this filing

TEAMLEASE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-3.0%Reaction day

₹1413.00

prior close

₹1420.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-4.1% vs market

Diversified Commercial Services peers, median of 72sector+0.0%-3.0% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Microcap 250 and 3.0 pts less 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

Stock

-1.3

10m

-1.9

15m

-1.4

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0+1.1-4.1+0.0-3.0

Next day

-2.2+1.2-3.4+0.0-2.2

-1.3+2.8-4.1+1.2-2.6

-1.6+3.5-5.1+1.7-3.3

-1.7+3.5-5.2+1.3-3.0

-2.0+2.8-4.9+0.8-2.9

-1.8+2.8-4.7+1.3-3.1

15d

-0.9+4.2-5.1+1.4-2.3

+2.6+10.1-7.5+0.8+1.8

-6.3+10.0-16.3-2.0-4.3

-12.4+14.6-27.0-0.9-11.5

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 Services Limited's Board has approved a buyback of up to 14,87,500 equity shares (8.87% of total paid-up capital) at ₹1,600 per share, for an aggregate amount not exceeding ₹238 crores. The buyback price represents a 15.37% premium over the NSE closing price and 15.58% premium over the BSE closing price as of May 8, 2026. The buyback will be conducted through the tender offer route via stock exchange mechanism and is subject to shareholder approval via postal ballot. Promoters have expressed their intention to participate in the buyback, and a Buyback Committee has been constituted to oversee the process.

Likely market impact

The buyback at a 15%+ premium signals management confidence in the company's intrinsic value and is positive for shareholders who choose to tender. It will reduce the public float by up to 8.87%, potentially supporting the stock price near the buyback level.