IIFL Capital has launched a block deal in Sagility Ltd for up to $249.6 million (around Rs 2,377 crore), sources told Moneycontrol.
The offer price could be around Rs 42.45 per share, which is a 4.94 percent discount to the closing price on October 29. Promoter Sagility B.V. is expected to be seller in a block deal, likely offloading around 12 percent of total equity in the company.
Sagility’s promoter Sagility B.V. had sold a 16.43 percent stake through a bulk deal in November 2025, reducing its shareholding to 50.95 percent.
Meanwhile, Sagility, the tech-enabled healthcare focused solutions and services provider to US health insurance companies, recorded profit of Rs 284.2 crore for quarter ended September 2026, growing 13.3 percent from Rs 250.8 crore in corresponding period of last fiscal.
Revenue from operations increased 22.5 percent to Rs 2,032.1 crore, compared to Rs 1,658.5 crore in the same period.