Sagility B.V., a promoter of Sagility Limited, has disclosed the disposal of 11.96% of its equity shares. This transaction, executed on November 2, 2026, has reduced Sagility B.V.’s holding in the company to 38.99%. The sale was conducted through an open market transaction. The total number of shares sold amounts to 560,000,000, impacting the promoter’s voting rights in Sagility Limited.
Promoter Stake Reduction in Sagility Limited
Sagility B.V., a promoter of Sagility Limited, has formally notified the company and stock exchanges regarding a substantial disposal of its equity shareholding. The disclosure, made in accordance with SEBI Takeover Regulations, details the sale of 560,000,000 equity shares, representing 11.96% of the total voting capital of Sagility Limited. This transaction was conducted via the open market route.
Shareholding Post-Disposal
Prior to this disposal, Sagility B.V. held 2,38,51,29,151 shares, accounting for 50.95% of Sagility Limited’s total share capital. Following the sale, the promoter’s holding has been reduced to 1,82,51,29,151 shares, which constitutes 38.99% of the company’s total voting rights. The effective date of this transaction and its impact on voting rights were reported as of November 2, 2026.
Transaction Details
The sale of shares was executed on November 2, 2026. The total equity share capital of Sagility Limited before the transaction stood at 4,68,13,28,413 shares, with a face value of ₹10 per share, amounting to ₹46,792,743,610. Post-transaction, the equity share capital remains the same, reflecting the sale of existing shares rather than an issuance. Sagility B.V. has confirmed the number of shares carrying voting rights acquired/sold as 560,000,000.
The total diluted share/voting capital of the TC also remains unchanged at 4,681,328,413 shares. Sagility B.V., through this transaction, has significantly adjusted its stake in Sagility Limited, with JL Rothuizen signing off as Director for Sagility B.V.
Source: BSE