Teamlease Services Limited
Mirae Asset Mutual Fund increased its stake in Teamlease Services Limited from 6.89% to 7.84% by purchasing 160,000 shares for ₹19.50 Cr at ₹1218.90 apiece through an open market transaction. This transaction triggered Regulation 29(2) disclosure requirements.
A provider of comprehensive employment-related services, Team Lease Services operates across India offering staffing, recruitment, training, payroll processing, and regulatory compliance solutions. The company specializes in helping organizations manage their workforce requirements and human resources administration across multiple sectors. Its diversified portfolio of commercial services addresses the complete employment lifecycle for corporate clients nationwide.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.