TEAMLEASENSETeamlease Services LimitedHighPositive
Announced Wed, 17 Jun · 12:43 IST

Teamlease sets July 3 record date for buyback at Rs 1,600 per share

Corporate Actions View source PDF

TEAMLEASE · price

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AI summary

Teamlease Services has fixed July 3, 2026 as the record date for its proposed buyback of up to 14,87,500 equity shares at Rs 1,600 each through the tender offer route. Total buyback value is about Rs 238 crore. Shareholder approval via postal ballot is in progress, with remote e-voting open from May 30 to June 28, 2026. The Board first approved the buyback on May 20, 2026.

Likely market impact

Investors holding shares on the July 3 record date can tender them in the buyback at Rs 1,600 per share, subject to shareholder approval.