Mirae Asset Mutual Fund reported an acquisition of voting rights in TeamLease Services Ltd. on February 26, 2026. The transaction resulted in the acquirer’s holding increasing to 7.84% of the total share capital. This disclosure, filed via Form Annexure-1, details the purchase of 160,000 shares, marking an increase of 0.95% in voting rights via an open market transaction. The total diluted capital remained consistent throughout the reported period.
Shareholding Disclosure Details
Mirae Asset Mutual Fund, acting as the acquirer, has furnished the mandatory disclosure regarding a change in shareholding in TeamLease Services Ltd. (TC). The transaction took place on February 26, 2026, and the filing date is February 27, 2026. The acquirer is not part of the Promoter or Promoter group of the Target Company.
Holding Position Before Acquisition
Prior to the transaction under consideration, the holding of Mirae Asset Mutual Fund in the Target Company was:
- Shares carrying voting rights: 1,154,018 shares.
- Percentage of total share/voting capital: 6.88%.
- Total holding (including encumbrances and warrants): 6.88% of the total capital.
Details of Acquisition
The acquisition involved the purchase of shares via the Open Market mode. The key figures for the acquisition/sale are:
- Shares carrying voting rights acquired: 160,000 shares.
- Percentage acquired relative to total capital: 0.95%.
- Total transaction volume (a+b+c+/-d): 160,000 shares, representing 0.95% increase.
Holding Position After Acquisition
Post-acquisition, the total holding of Mirae Asset Mutual Fund in TeamLease Services Ltd. is:
- Shares carrying voting rights: 1,314,018 shares.
- Percentage of total share/voting capital: 7.84%.
- Total holding (a+b+c+d): 7.84% of the total capital.
Capital Structure Context
The equity share capital/total voting capital of TeamLease Services Ltd. remained constant during this reporting period. The capital before the acquisition was 16,768,900 shares, and it remained 16,768,900 shares after the said acquisition. The Total diluted share/voting capital after the said acquisition was also confirmed at 16,768,900.
Source: BSE
