Suparna Mitra to join as MD & CEO of TeamLease

TeamLease Services Limited (TeamLease/Company) (NSE: TEAMLEASE, BSE: 539658), one of India's largest staffing companies, today announced a leadership transition as part of the company's long-term succession planning and governance strategy.

The Board of Directors of TeamLease has appointed Ms. Suparna Mitra as the Managing Director & Chief Executive Officer (MD & CEO) of TeamLease Services Limited, effective February 02, 2026, to succeed Mr. Ashok Reddy, the current Managing Director & CEO. Mr. Manish Sabharwal will step down from his executive responsibilities but continue as a Non-Executive Non-Independent Director. Mr. Narayan Ramachandran will continue in his role as the Chairman.

Ashok, in his new role as Executive Vice Chairman, will work with Suparna to ensure a seamless transition and support her on long-term strategy, horizontal projects and building adjacencies.

Ashok commented on today's announcement, "This transition is the logical next step for Manish and me. Our executive roles were always distinct from our board member and shareholder roles, which continue. The next orbit for Teamlease - higher margins, faster growth and institutionalisation - will benefit from leadership instincts that are fresh and different from ours. Suparna brings a powerful combination of strategic thinking, consumer insight, and technology orientation that accelerates TeamLease's mission of putting India to work."

Shares of Teamlease Services Limited was last trading in BSE at Rs. 1635.50 as compared to the previous close of Rs. 1609.45. The total number of shares traded during the day was 2065 in over 223 trades.

The stock hit an intraday high of Rs. 1645.00 and intraday low of 1604.90. The net turnover during the day was Rs. 3342249.00.

Source : Equity Bulls

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