Sagility India falls after top shareholder proposes to sell up to 15% stake

Sagility

27/05/2025 06:16

** Shares of Sagility India SAGL.NS fall 5% to the exchange-allowed maximum of 40.72 rupees

** Co's biggest shareholder Sagility B.V. has proposed to sell up to 15.02% stake in SAGL via offer for sale

** Sagility B.V. held 82.39% stake in SAGL as on March 31 - exchange data

** Floor price for offer for sale at 38 rupees per share, a 11.4% discount to stock's previous close

** SAGL down ~19% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))