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| Exchange Received Time 31/10/2017 17:56:15 Exchange Disseminated Time 31/10/2017 17:56:19 Time Taken 00:00:04 | Further to our letter dated October 16, 2017 in respect of acquisition of Evolve Technologies and Services Private Limited ('Evolve') 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 October 31, 2017 all the conditions precedent to closing have been fulfilled and the Control of Evolve has been transferred to our wholly owned subsidiary i.e.,TeamLease Staffing Services Private Limited with effect from November 01,2017. Pursuant to this, Evolve becomes our indirect wholly owned subsidiary.
This is for your information and record.
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