Sagility B.V., the promoter of Sagility India Limited, has refiled its report regarding the disposal of equity shares. This action follows requests from BSE Limited and involves revisions to a previous disclosure. The refiling pertains to an offer for sale of 703,000,000 equity shares. The promoter is clarifying details related to encumbrances and aligning the disclosure with the specifics of the offer.
Revised Disclosure on Equity Share Disposal
Sagility B.V., the promoter of Sagility India Limited, has refiled a report concerning the disposal of equity shares. This action is in response to requests from BSE Limited. The updated filing clarifies details related to the offer for sale of equity shares.
Details of the Offer for Sale
The offer involved 703,000,000 equity shares of Sagility India Limited. This transaction was executed through a stock exchange mechanism. The purpose of the refiling is to align the disclosure with the specific details of this offer.
Clarification on Encumbrances
The promoter and its holding companies have financing facilities from lenders outside India. Encumbrances were created in favor of the lenders or security agents. The disposal of shares has resulted in a change to the number of indirectly encumbered equity shares. The number of shares under ‘Details of events pertaining to encumbrance’ has been revised to 703,000,000 equity shares, representing 15.02% of the company’s shareholding.
Transaction Dates
The Offer was undertaken across two trade dates, May 27, 2025 and May 28, 2025, with corresponding settlement dates as May 28, 2025 and May 29, 2025, respectively. The last settlement date, May 29, 2025, is the date the transaction was completed.
Source: BSE
