TeamLease Services Limited — Board/Management Information 2021

Jun 9, 2021

June 09, 2021

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ToListing DepartmentBSE Limited,Phiroze Jeejeebhoy Towers,Dalal Street, Fort,Mumbai - 400 001Scrip Code: 539658	ToListing DepartmentNational Stock Exchange of India Limited,Exchange Plaza, 5th Floor,Plot no. C/1, G Block,Bandra Kurla Complex, Bandra(E),Mumbai - 400 051Scrip Code: TEAMLEASE

Dear Sir/Madam,

• Sub: Appointment of Mr. Mekin Maheshwari as an Independent Director (Additional) on the Board of Directors of TeamLease Services Limited (TeamLease/Company) with effect from June 09, 2021

• Ref: Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015

With reference to the captioned subject and pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, we wish to inform you that the Board of Directors of the Company, based on the recommendations of Nomination and Remuneration Committee have approved the appointment of Mr. Mekin Maheshwari as an Independent Director (Additional) on the Board of the Company, for a term of 5 years, with effect from June 09, 2021, subject to the approval of the Shareholders at the ensuing 21[st] Annual General Meeting of the Company.

In compliance with Regulation 30 of SEBI LODR Regulations 2015 read with the Amendments, please find enclosed herewith the required disclosures in Annexure A.

The latest composition of Board of Directors of the Company, post induction of Mr. Mekin Maheshwari with effect from June 09, 2021, is enclosed in Annexure B .

Kindly take the above said information on records as per the requirement of SEBI LODR Regulations, 2015.

Thanking You. Yours faithfully,

For TeamLease Services Limited

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Alaka Chanda Company Secretary and Compliance Officer

Encl: As above

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ANNEXURE A

Details under Regulation 30 of the SEBI Listing Regulations read along with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015

Appointment Mr. Mekin Maheshwari as an Independent Director (Additional) on the Board of Directors of the Company

Sl.No	PARTICULARS	RESPONSE(S)
1	Reason for Change	Mr. Mekin Maheshwari has beenappointed as an Independent Director(Additional) on the Board of Directorsof the Company subject to approval ofthe Shareholders.
2	Date of AppointmentTerm of Appointment	June 09, 20215 years commencing from June 09,2021 to June 08, 2026
3	Brief Profile	As per Annexure I
4	Disclosure of relationships between Directors	Mr. Mekin Maheshwari is not relatedto any Director of the Company.
5	Information as required pursuant to BSE LimitedCircular with reference number LIST/COMP/14/2018-19 and National Stock Exchange of India LimitedCircular with reference number NSE/CML/2018/24dated June 20,2018	Mr.MekinMaheshwariisnotdebarred from holding the office ofDirector by virtue of any SEBI Order orany such authority.

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Annexure I

BRIEF PROFILE OF MR. MEKIN MAHESHWARI

Mekin Maheshwari is the Founder and CEO, Udhyam Learning Foundation. He is based in Bangalore and is a graduate in engineering from PESIT, Bangalore. He started his career in 2002 with Yahoo! and then went on to join Ugenie where he created weRead - a successful social network around books. He was an early team member at Flipkart in 2009 where he played various roles. As Head of Engineering, he built a great tech team, which he counts as his biggest professional achievement till date. He then went on to establish two small start-ups within Flipkart and finally took on the role of Chief People Officer. He moved on from Flipkart in March 2016. In 2017, he started Udhyam Learning Foundation, a not-for-profit organisation. Udhyam aims to develop entrepreneurial mindsets amongst youth and nano entrepreneurs to help them pursue their potential. He is also Co-founder of GAME (Global Alliance for Mass Entrepreneurship) which was started in 2018. He is an angel investor for nonprofit, social and tech start-ups.

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Annexure B

The composition of the Board of Directors on appointment of Mr. Mekin Maheshwari, with effect from June 09, 2021, is as tabled below:

SL. NO	DIN	NAME OF THE DIRECTOR	DESIGNATION
1	00969601	Mr. Manish Mahendra Sabharwal	Executive Chairman
2	00151814	Mr. Ashok Reddy	Managing Director
3	07118801	Mrs. Latika Pradhan	Independent Women Director
4	01873080	Mr. Narayan Ramachandran	Independent Director
5	00254091	Dr. V. Raghunathan	Independent Director
6	01028343	Mr. Zarir Batliwala	Independent Director
7	03621431	Mr. Mekin Maheshwari	Independent Director (Additional)

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