TEAMLEASEBSETeamLease Services LtdMediumNeutral
Announced Fri, 27 Feb · 14:47 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

TEAMLEASE · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mirae Asset Mutual Fund has disclosed the acquisition of 160,000 equity shares (0.95% of voting capital) of TeamLease Services Ltd through open market purchases on February 26, 2026. Prior to this acquisition, Mirae Asset held 11,54,018 shares representing 6.88% of the company. After the acquisition, their total holding stands at 13,14,018 shares or 7.84% of the voting capital. The acquirer is not part of the promoter or promoter group. The total equity share capital of TeamLease remains unchanged at 1,67,68,900 shares.

Likely market impact

This signals continued institutional confidence from a major global asset manager, with Mirae Asset steadily increasing its position and creeping closer to the 10% disclosure threshold, which could attract further investor attention.