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Teamlease Services Ltd - Announcement under Regulation 30 (LODR)-Acquisition

| Updated on July 24, 2018 Published on July 24, 2018

Pursuant to Regulation 30 read with Schedule III (Part A) and any other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Companys Board of Directors at its meeting held today i.e. July 24, 2018, considered and approved acquisition of additional 21% stake in Cassius Technologies Private Limited (Freshers World). With the additional 21% equity, the Companys stake in Freshers World increases from 30% to 51% and Freshers World will become subsidiary of TeamLease Services Limited post completion of the transaction.

We enclose herewith the details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 read with SEBI Circular No. CHUCFD/CMD/4/2015 dated September 09, 2015 as an Annexure.

Pdf Link: Teamlease Services Ltd - Announcement under Regulation 30 (LODR)-Acquisition

Source : BSE - www.bseindia.com

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Published on July 24, 2018
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