TeamLease Services Limited has intimated the stock exchanges (BSE Limited and National Stock Exchange of India Limited) of a scheduled meeting of its Board of Directors. The meeting is scheduled to be held on Tuesday, August 25, 2026, at 8.30 a.m. IST.
The primary agenda for the meeting is to consider and discuss the implementation of Employee Stock Option Plans (ESOP) and Restricted Stock Units (RSU) for the employees of the Company.
The disclosure is made in compliance with Regulation 29(1) of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
A critical condition is noted: The implementation of any ESOP or RSU scheme(s) approved by the Board will be subject to the subsequent approval of the shareholders of the Company. This approval is to be sought through a Postal Ballot process in accordance with applicable laws.
The Notice for this Board Meeting will be made available on the Company's website at https://group.teamlease.com/.
The letter was signed and submitted by Alaka Chanda, Company Secretary and Compliance Officer, on August 20, 2026.