Corporate Announcement
Security Code : 539658    Company : TEAMLEASE    
 
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  Exchange Received Time  01/12/2017 11:36:59         Exchange Disseminated Time   01/12/2017 11:37:02              Time Taken   00:00:03
Further to our letter dated November 08, 2017 in respect of acquisition of School Guru Eduserve Private Limited ('Schoolguru') and pursuant to Regulation 30 read with Schedule III (Part A) and any other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that as on November 30, 2017 all the conditions precedent to closing have been fulfilled and acquisition of 40.2% stake is completed. Pursuant to this, Schoolguru becomes our Associate Company with effect from December 01, 2017.

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