ALFA Filings
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TeamLease Services incorporated a new step-down wholly owned subsidiary, TL Business Solutions Inc., in the United States to expand its international staffing business.
TeamLease Services completed its exit from its joint venture, Crystal HR and Security Solutions, following the extinguishment of 1,200 equity shares held by the company.
TeamLease Services is divesting its 30% stake in joint venture Crystal HR and Securities Solutions Private. The exit involves a share transfer and a buyback process.
TeamLease Services signed an agreement to exit its 30% stake in joint venture Crystal HR for ₹10.12 Crore. This divestment aligns with the company's capital allocation priorities.
TeamLease Services will divest its 30% stake in joint venture Crystal HR and Securities Solutions Private Limited for Rs. 10.12 Crore. The move aligns with portfolio rationalization.
TeamLease Services approved a ₹238 Crore share buyback at ₹1,600 per share via tender offer. The board also reported annual net profit of ₹97.23 Crore.