Mirae Asset Mutual Fund has disclosed a substantial acquisition, acquiring 975,143 shares in TeamLease Services Ltd. This transaction represents 6.38% of the total share capital and voting rights. The acquisition took place on October 26, 2026, through an open market purchase. This move indicates a notable increase in Mirae Asset’s holding in the target company.
Significant Share Acquisition by Mirae Asset
Mirae Asset Mutual Fund has completed a substantial acquisition of shares in TeamLease Services Ltd., as detailed in a disclosure under SEBI regulations. The transaction involved the purchase of 975,143 shares, which amounts to 6.38% of the total share and voting capital of TeamLease Services. This holding also represents 6.38% of the total diluted share capital.
Transaction Details
The acquisition was executed on October 26, 2026, through an open market transaction. Before this acquisition, Mirae Asset Mutual Fund held no shares or voting rights in TeamLease Services. Following the transaction, their holding in shares carrying voting rights stands at 975,143, with their total voting rights also at 6.38%. This move significantly alters the ownership structure of TeamLease Services.
Target Company’s Capital Structure
The total equity share capital and voting capital of TeamLease Services Ltd. before and after the acquisition remained consistent at 15,281,400 shares. The total diluted share/voting capital also stands at 15,281,400, indicating no change in the company’s overall capitalisation from a diluted perspective following this specific transaction.
Source: BSE
