Teamlease Services: TeamLease: Receipt of Show Cause Notice from the Department of Commercial Taxes, Government of Karnataka

What happened

Teamlease Services (TEAMLEASE) filed a disclosure with the exchanges on 13 October 2026 at 08:14 PM titled "TeamLease: Receipt of Show Cause Notice from the Department of Commercial Taxes, Government of Karnataka".

Company snapshot

Teamlease Services is a small-cap company, with a market value of about ₹1,632 crore.

The stock last traded at ₹1,068, against a 52-week range of ₹1,056–₹1,872.2 (43.0% below the high).

Before this filing the shares had moved −16.7% over the month and −23.4% over three months. Average daily turnover over the last 20 sessions was about ₹1.85 crore.

Promoters held 33.29% at the end of Q2 FY27, up 2.18% points from the previous quarter; 1.65% of promoter shares were pledged. Foreign institutions owned 8.05% and domestic institutions 44.25%.

What history shows

BCEIE's records show 1 previous regulatory filing from the company since May 2026.

Market-wide, 5,509 regulatory filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.

Past reactions describe what happened before; they are not a forecast.

In the news

Recent coverage elsewhere (links open the original publisher):

• Teamlease Services Receives Show Cause Notice From Karnataka Tax Authorities — TradingView, 13 Oct 2026
• TeamLease Services Share Price near 52-week low — Univest, 8 Oct 2026
• TeamLease Services dispatches postal ballot for ESOS 2026 approval — scanx.trade, 7 Oct 2026
• TeamLease Services ESG Rating by Crisil: What It Means — Kalkine India, 5 Oct 2026
• TeamLease Services vs Krystal Integrated vs Seshaasai Tech: Which Stock Should You Track — Univest, 30 Sept 2026

Source

• Exchange filing (PDF)