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TeamLease Services sells entire shareholding in IIJT Education

04 Dec 2021 Evaluate

TeamLease Services has executed Share Purchase agreement (SPA) for selling its entire shareholding in IIJT Education, on December 02, 2021 and has completed the formalities comprised under the SPA on December 03, 2021. With this sale, IIJT Education ceases to be a wholly owned subsidiary of the company and/or a group company of TeamLease Group. The aforesaid sale shall have no adverse impact on the operations of TeamLease.

TeamLease Services is 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.

Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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