Teamlease Services CEO, MD, chairman, board of directors and AGM
NSE: TEAMLEASEBSE: 539658Commercial Services & SuppliesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,093.40.
- Next results date: the board meets on 5 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,614 Cr1,115th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 Jul 2026
- 10.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 29 Jul 2026
- 15.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 29 Jul 2026
- 9.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 20 May 2026
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 44,22854.8% delivered
Teamlease Services board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonNarayan Ramachandran
- Managing director and CEOSuparna Mitra
- Company Secretary and Compliance OfficerAlaka Chanda
8 directors4 independent2 executive2 non-executive
- Manish SabharwalNon-executive · joined Feb 2000 · reappointed Apr 2022 · 319 months as independent · 2 listed boards · 2 committee seats, 2 as chair
- Ashok Kumar NedurumalliExecutive · joined Sep 2015 · reappointed Sep 2025 · 132 months as independent · 1 listed board
- Narayan Ramachandran · ChairpersonNon-executive · joined Jul 2015 · reappointed Jul 2025 · 134 months as independent · 1 listed board · 4 committee seats, 1 as chair
- Mekin MaheshwariIndependent · joined Jun 2021 · reappointed Jun 2026 · 63 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Meenakshi NevatiaIndependent · joined Jul 2021 · reappointed Jul 2026 · 62 months as independent · 2 listed boards · 1 as independent · 2 committee seats
- Subramaniam SomasundaramIndependent · joined Jul 2021 · reappointed Jul 2026 · 62 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 4 as chair
- Rajnarayan RamakrishnanIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Suparna Mitra · Managing director and CEOExecutive · joined Feb 2026 · reappointed Feb 2026 · 7 months as independent · 2 listed boards · 1 as independent · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Latika Prakash Pradhan, left 7 Jul 2025: Tenure Completion
- VRaghunathan, left 7 Jul 2025: Tenure Completion
- Rituparna Chakraborty, left 21 May 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Aug 20267 of 8 present3 independent · 26 days in between
- 29 Jul 20268 of 8 present4 independent · 69 days in between
- 20 May 20268 of 8 present4 independent
Audit Committee
Chair Subramaniam Somasundaram
Mekin Maheshwari, Meenakshi Nevatia, Narayan Ramachandran, Rajnarayan Ramakrishnan
- 29 Jul 20265 of 5 present4 independent · 69 days in between
- 20 May 20264 of 5 present3 independent
Nomination and remuneration committee
Chair Rajnarayan Ramakrishnan
Narayan Ramachandran, Meenakshi Nevatia, Mekin Maheshwari, Subramaniam Somasundaram
- 25 Aug 20264 of 5 present3 independent · 26 days in between
- 29 Jul 20265 of 5 present4 independent · 69 days in between
- 20 May 20265 of 5 present4 independent
Stakeholders Relationship Committee
Chair Rajnarayan Ramakrishnan
Subramaniam Somasundaram, Narayan Ramachandran
No meeting listed in the filing.
Risk Management Committee
Chair Narayan Ramachandran
Mekin Maheshwari, Meenakshi Nevatia, Subramaniam Somasundaram, Rajnarayan Ramakrishnan, Suparna Mitra
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S.R. Batliboi & Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
- M/s. S.R. Batliboi & Associates LLPNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Teamlease Services AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Teamlease Services share news and announcements
Annual general meeting, 18 Sep 2026
29,312 shareholders on the register on 11 Sep 2026; present: 4 promoters and 36 others; votes counted by MUKESH SIROYA / M. Siroya and Company.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 79.52% · promoters 100.00% · institutions 88.31% · other public 3.07%
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 79.52% · promoters 100.00% · institutions 88.31% · other public 3.07%
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 79.52% · promoters 100.00% · institutions 88.31% · other public 3.07%
- To appoint a Director in place of Mr. Manish Sabharwal (DIN: 00969601) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.05% · other public 0.02%
Turnout: all 79.52% · promoters 100.00% · institutions 88.31% · other public 3.07%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Jun 2026, 4 resolutions
33,228 shareholders on the register on 22 May 2026; votes counted by MUKESH SIROYA / M SIROYA AND COMPANY.The company's voting result (opens in a new tab)
- To approve the re-appointment of Mr. Mekin Maheshwari (DIN: 03621431) as an Independent Director of the CompanySpecial93.67% for6.33% against
Against: promoters 0.00% · institutions 10.08% · other public 0.05%
Turnout: all 85.19% · promoters 100.00% · institutions 95.67% · other public 4.50%
- To approve the re-appointment of Ms. Meenakshi Nevatia (DIN: 08235844) as an Independent Director of the CompanySpecial98.71% for1.29% against
Against: promoters 0.00% · institutions 2.06% · other public 0.06%
Turnout: all 85.19% · promoters 100.00% · institutions 95.67% · other public 4.50%
- To approve the re-appointment of Mr. Subramaniam Somasundaram (DIN: 01494407) as an Independent Director of the CompanySpecial99.62% for0.38% against
Against: promoters 0.00% · institutions 0.61% · other public 0.06%
Turnout: all 85.19% · promoters 100.00% · institutions 95.67% · other public 4.50%
To approve Buyback of up to 14,87,500 fully paid up Equity Shares having a face value of ₹10/- (Indian Rupees Ten only) each (“Equity Shares”), at a price of ₹1,600/- (Indian Rupees One Thousand Six Hundred only) (Buyback Offer Price) per Equity Share, on a proportionate basis, through the “tender offer” route in accordance with the Companies Act and the SEBI Buyback RegulationsMoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 85.19% · promoters 100.00% · institutions 95.67% · other public 4.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 19 Mar 2026, 4 resolutions
30,030 shareholders on the register on 13 Feb 2026; votes counted by MUKESH SIROYA / M SIROYA AND COMPANY.The company's voting result (opens in a new tab)
- To approve regularising the appointment of Ms. Suparna Mitra (DIN: 07135817) as a Director (Executive) of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.16%
Turnout: all 85.13% · promoters 100.00% · institutions 96.61% · other public 0.52%
- To approve appointment of Ms. Suparna Mitra (DIN: 07135817) as the Managing Director & Chief Executive Officer (MD & CEO) of the CompanyOrdinary97.97% for2.03% against
Against: promoters 0.00% · institutions 3.21% · other public 1.16%
Turnout: all 85.13% · promoters 100.00% · institutions 96.61% · other public 0.52%
- To approve change in designation of Mr. Manish Sabharwal (DIN: 00969601) from Executive Vice Chairman to Non-Executive, Non-Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.11%
Turnout: all 85.13% · promoters 100.00% · institutions 96.61% · other public 0.52%
- To approve change in designation of Mr. Ashok Reddy (DIN: 00151814) from Managing Director to Executive Vice Chairman of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.10%
Turnout: all 85.13% · promoters 100.00% · institutions 96.61% · other public 0.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 19 Sep 2025, 9 resolutions
28,396 shareholders on the register on 12 Sep 2025; present: 4 promoters and 44 others; votes counted by MUKESH SIROYA / M. Siroya and Company.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To appoint a Director in place of Ms. Ashok Reddy (DIN: 00151814) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To appoint M/s. Siroya and BA Associates, Company Secretaries, as Secretarial Auditors of the CompanyOrdinary98.18% for1.82% against
Against: promoters 0.00% · institutions 2.87% · other public 0.02%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To re-appoint Mr. Ashok Reddy (DIN: 00151814) as Managing Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To approve remuneration of Mr. Manish Sabharwal (DIN: 00969601), Whole Time Director and Vice Chairman of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To alter the Articles of Association (AOA) of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
- To approve change in designation of Mr. Narayan Ramachandran (DIN: 01873080) to Non-Executive and Non-Independent Director of the CompanySpecial98.17% for1.83% against
Against: promoters 0.00% · institutions 2.88% · other public 0.01%
Turnout: all 86.08% · promoters 100.00% · institutions 95.14% · other public 3.53%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Sep 2024, 5 resolutions
Present: 4 promoters and 29 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 87.57% · promoters 100.00% · institutions 91.35% · other public 13.88%
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 87.57% · promoters 100.00% · institutions 91.35% · other public 13.88%
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 87.57% · promoters 100.00% · institutions 91.35% · other public 13.88%
- To appoint a Director in place of Ms. Rituparna Chakraborty (DIN: 07332241) who retires by rotation and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 87.57% · promoters 100.00% · institutions 91.36% · other public 13.88%
- To approve remuneration payable in the form of commission to Independent Directors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 87.57% · promoters 100.00% · institutions 91.36% · other public 13.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 6 Jan 2024, 1 resolution
The company's voting result (opens in a new tab)
Appointment of Mr. Rajnarayan Ramakrishnann(DIN: 02545177) as an Independent Director of the Companynto hold office for a period of five consecutive years withneffect from November 08, 2023, to November 07, 2028MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.25%
Turnout: all 87.82% · promoters 100.00% · institutions 91.92% · other public 0.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 15 Sep 2023, 5 resolutions
Present: 4 promoters and 34 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 89.41% · promoters 100.00% · institutions 93.58% · other public 14.06%
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 89.41% · promoters 100.00% · institutions 93.58% · other public 14.06%
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 89.41% · promoters 100.00% · institutions 93.58% · other public 14.06%
- To appoint a Director in place of Mr. Manish Sabharwal (DIN: 00969601), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary94.66% for5.34% against
Against: promoters 0.00% · institutions 8.42% · other public 0.12%
Turnout: all 89.41% · promoters 100.00% · institutions 93.58% · other public 14.06%
- To approve remuneration of Mr. Ashok Reddy (DIN: 00151814), Managing Director of the CompanySpecialPromoters have an interest in it98.63% for1.37% against
Against: promoters 0.00% · institutions 2.16% · other public 0.12%
Turnout: all 89.41% · promoters 100.00% · institutions 93.58% · other public 14.06%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Mar 2023, 1 resolution
The company's voting result (opens in a new tab)
Buyback of up to 3,27,869 Equity Shares at a price of Rs. 3,050/- per Equity Share, on a proportionate basis, through the “tender offer” route in accordance with the Act and the SEBI Buyback RegulationsMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 88.16% · promoters 100.00% · institutions 90.98% · other public 11.45%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 18 Sep 2026, 5 fund houses so far (houses' deadline to file 15 Oct 2026)
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 20265 for0 against
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 20265 for0 against
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 20265 for0 against
- To appoint a Director in place of Mr. Manish Sabharwal (DIN: 00969601) who retires by rotation and being eligible, offers himself for re-appointment5 for0 against
Mutual fund votes, meeting of 28 Jun 2026, 15 fund houses
- To approve the re-appointment of Mr. Mekin Maheshwari (DIN: 03621431) as an Independent Director of the Company
Against Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No concern identified on merit and profile of the proposed appointee. Transparency Concern: There is no clarity on whether the director (via entity where he is MD and CEO) is engaged in continuing pecuniary relationship with the Company
12 for3 against - To approve the re-appointment of Ms. Meenakshi Nevatia (DIN: 08235844) as an Independent Director of the Company
Against Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No concern identified on merit and profile of the proposed appointee. Governance Concern: Continuing pecuniary relationship with the Company (via entity where she is the MD), such relationship may result in conflict of interest situations.
12 for3 against - To approve the re-appointment of Mr. Subramaniam Somasundaram (DIN: 01494407) as an Independent Director of the Company15 for0 against
To approve Buyback of up to 14,87,500 fully paid up Equity Shares having a face value of ₹10/- (Indian Rupees Ten only) each (“Equity Shares”), at a price of ₹1,600/- (Indian Rupees One Thousand Six Hundred only) (Buyback Offer Price) per Equity Share, on a proportionate basis, through the “tender offer” route in accordance with the Companies Act and the SEBI Buyback RegulationsMoreLess
15 for0 against
6 earlier meetings
Mutual fund votes, meeting of 19 Mar 2026, 16 fund houses
- To approve regularising the appointment of Ms. Suparna Mitra (DIN: 07135817) as a Director (Executive) of the Company16 for0 against
- To approve appointment of Ms. Suparna Mitra (DIN: 07135817) as the Managing Director & Chief Executive Officer (MD & CEO) of the Company
Against Axis Mutual Fund
- Axis Mutual FundMs. Suparna Mitra, 57, formerly served as the CEO of the Watches & Wearables Division at Titan Company Limited. We estimate her annual remuneration at Rs. 47.5 mn (excluding fair value of stock options). We raise concern that the company has not disclosed the quantum of stock options to be granted to her during her tenure. In the absence of information, we are unable to make a reasonable estimate of her overall proposed executive remuneration. Further, we expect the company to disclose the performance metrics that determine her variable pay. We do not support the resolution.
15 for1 against - To approve change in designation of Mr. Manish Sabharwal (DIN: 00969601) from Executive Vice Chairman to Non-Executive, Non-Independent Director16 for0 against
- To approve change in designation of Mr. Ashok Reddy (DIN: 00151814) from Managing Director to Executive Vice Chairman of the Company16 for0 against
Mutual fund votes, meeting of 19 Sep 2025, 19 fund houses
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 202519 for0 against
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 202519 for0 against
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 202519 for0 against
- To appoint a Director in place of Ms. Ashok Reddy (DIN: 00151814) who retires by rotation and being eligible, offers himself for re-appointment19 for0 against
- To appoint M/s. Siroya and BA Associates, Company Secretaries, as Secretarial Auditors of the Company
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund
- Angel One Mutual FundNon-Disclosure of the proposed Audit Fee to the Auditor. Transparency concern: No clarity on material change in the proposed audit fee.
- Edelweiss Mutual Fund, Groww Mutual FundNo concern on merit of the proposed Secretarial Auditors. Non-Compliant with SEBI (LODR) Regulations: Non-Disclosure of the proposed Audit Fee to the Auditor. Transparency concern: No clarity on material change in the proposed audit fee.
16 for3 against - To re-appoint Mr. Ashok Reddy (DIN: 00151814) as Managing Director of the Company19 for0 against
- To approve remuneration of Mr. Manish Sabharwal (DIN: 00969601), Whole Time Director and Vice Chairman of the Company19 for0 against
- To alter the Articles of Association (AOA) of the Company19 for0 against
- To approve change in designation of Mr. Narayan Ramachandran (DIN: 01873080) to Non-Executive and Non-Independent Director of the Company
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund
- Angel One Mutual FundGovernance concern: Seamless transition from Non-Executive Independent Director (ID) to Non-Executive and Non-Independent Director (NID) without any Cooling off period.
- Edelweiss Mutual Fund, Groww Mutual FundCompliant with law. Governance concern: Seamless transition from Non-Executive Independent Director (ID) to Non-Executive and Non-Independent Director (NID) without any Cooling off period.
16 for3 against
Mutual fund votes, meeting of 20 Sep 2024, 20 fund houses
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 202420 for0 against
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 202420 for0 against
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 202420 for0 against
- To appoint a Director in place of Ms. Rituparna Chakraborty (DIN: 07332241) who retires by rotation and being eligible, offers herself for re-appointment20 for0 against
- To approve remuneration payable in the form of commission to Independent Directors of the Company20 for0 against
Mutual fund votes, meeting of 6 Jan 2024, 15 fund houses
Appointment of Mr. Rajnarayan Ramakrishnann(DIN: 02545177) as an Independent Director of the Companynto hold office for a period of five consecutive years withneffect from November 08, 2023, to November 07, 2028MoreLess
15 for0 against
Mutual fund votes, meeting of 15 Sep 2023, 13 fund houses
- To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 202313 for0 against
- To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 202313 for0 against
- To receive, consider and adopt the Report of the Board of Directors for the Financial Year ended March 31, 202313 for0 against
- To appoint a Director in place of Mr. Manish Sabharwal (DIN: 00969601), who retires by rotation and being eligible, offers himself for re-appointment13 for0 against
- To approve remuneration of Mr. Ashok Reddy (DIN: 00151814), Managing Director of the Company13 for0 against
Mutual fund votes, meeting of 14 Mar 2023, 10 fund houses
Buyback of up to 3,27,869 Equity Shares at a price of Rs. 3,050/- per Equity Share, on a proportionate basis, through the “tender offer” route in accordance with the Act and the SEBI Buyback RegulationsMoreLess
10 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtTL Business Solutions Inc.Since 23 Sep 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Tax disputeIncome Tax DepartmentSince 3 Aug 2026
The TeamLease Digital Private Limited (TDPL), a Wholly Owned Subsidiary of the Company has received a demand notice of Rs.3,34,207/- u/s 250 of the Income Tax Act for the AY 2023-24, and the same has been paid. However, an appeal has been filed by TDPL against the demand on August 03, 2026MoreLess
- Tax disputeIncome Tax DepartmentSince 21 Apr 2026No further update on the case since the last disclosure made
At the filing before: A Demand of ₹ 1,71,96,450 raised for Assessment Year 2024-25 dated March 28, 2026. Against the said demand , an appeal was filed on April 21, 2026 before CIT(Appeals)/JCIT(Appeals) u/s 246/246A of the Income Tax Act. The disputed demand amounts to ₹ 1,71,96,450; appeal fee ₹1,000 has been duly paid and the appeal is currently pending before the appellate authority.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.