Promoter Sagility B.V. plans to offload a 12% stake in healthcare services firm Sagility via a block deal valued at approximately Rs 2,377 crore.
- Deal size: Rs 2,377 crore
- Offer price: Rs 42.45 per share
- Discount: 5% to the previous close on October 29, 2026
The shares are priced at Rs 42.45 apiece, representing a discount to the closing price on October 29, 2026. This transaction continues the promoter’s strategy of reducing its shareholding.
- September quarter holding: 50.95%
- Previous year holding: 67.38%
The company’s stock has faced selling pressure in 2026, declining 14% year-to-date, though it has shown a 24% recovery from its yearly low.
- June quarter net profit: Rs 217 crore, up 46% year-on-year
- June quarter revenue: Rs 1,963 crore, up 27.6%
Despite market volatility and ongoing share sales by the promoter, Sagility reported solid financial performance, supported by the addition of 27 new clients during the June quarter.