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Team Lease enters into share purchase agreement with IMSI

13 Nov 2019 Evaluate

Team Lease has executed share purchase agreement with I.M.S.I. Staffing (IMSI) a company incorporated under the Companies Act, 2013 and having its registered office at Subash Nagar, Dehradun-248002 to acquire 72.7% stake in IMSI.

Vide the above said share purchase agreement and the subsequent acquisition of 72.7% stake, IMSI stands as a subsidiary of the company with effect from November 12, 2019.

Team Lease Services are one of India’s leading providers of human resource services with a vision of Putting India to Work. The Employment services include staffing solutions, recruitment services and compliance services.

TeamLease Services Share Price

1250.45 -9.85 (-0.78%)
14-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
SIS 430.15
Quess Corp 338.40
TeamLease Services 1250.45
Bluspring Enterprise 110.95
Updater Services 211.35
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