Sagility Limited has disclosed receiving a final income tax assessment order with a demand of ₹100,00,36,187 for Assessment Year 2023-24, as communicated to stock exchanges under regulatory compliance requirements.

Assessment Details and Demand

The Income Tax Department issued the final assessment order under Section 143(3) read with Section 144C(3) read with Section 144B of the Income Tax Act, 1961, for Assessment Year 2023-24 corresponding to financial year 2022-23. The company received this order on April 14, 2026.

Transfer Pricing Adjustments

The income tax demand stems from transfer pricing adjustments made by the Income Tax Authority. The authority adjusted the company's returned income for Assessment Year 2023-24 by ₹189,50,16,208, which subsequently led to the income tax demand of ₹100,00,36,187 including interest.

Company's Response Strategy

Sagility Limited has outlined a two-pronged approach to address the assessment order. The company believes the demand is not maintainable based on advice from its tax advisors.

The company's planned actions include:

• Appeal Process: Filing an appeal before the Commissioner of Income Tax (Appeals) within prescribed timelines under Income Tax Act provisions
• Rectification Application: Submitting a rectification application before the Assessing Officer to correct apparent mistakes from record, which could lead to material reduction in the income tax demand

Financial Impact Assessment

According to the company's disclosure, the assessment order has no material impact on the financials, operations, or other activities of Sagility Limited. This regulatory filing was made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company communicated this development to both NSE and BSE through its Company Secretary & Compliance Officer, Satishkumar Sakharayapattana Seetharamaiah, ensuring full regulatory compliance and transparency with stakeholders.

Sagility Limited has submitted its quarterly compliance certificate to the National Stock Exchange of India (NSE) and BSE Limited under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018. The filing, dated April 08, 2026, covers the quarter ended March 31, 2026, and confirms the company's regulatory compliance regarding depositories operations.

Compliance Certificate Details

The certificate was submitted by Company Secretary and Compliance Officer Satishkumar Sakharayapattana Seetharamaiah on behalf of Sagility Limited. The submission includes confirmation from the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited.

Key Findings from RTA Confirmation

MUFG Intime India Private Limited confirmed that no demat or remat requests were received during the quarter ended March 31, 2026. The RTA's letter, signed by Sr. Vice President – Corporate Registry Ashok Shetty, states that securities received from depository participants for dematerialization were properly confirmed to depositories and that all security certificates received were mutilated and cancelled after due verification.

Regulatory Compliance Framework

The filing demonstrates Sagility Limited's adherence to SEBI's regulatory framework for depositories and participants. Under Regulation 74(5), companies must submit quarterly certificates confirming compliance with dematerialization and rematerialization processes. The regulation ensures that:

• Securities received for dematerialization are properly processed within prescribed timelines
• Security certificates are mutilated and cancelled after verification
• Depositories are substituted as registered owners in member registers
• All processes comply with stock exchange listing requirements

Company Information

Sagility Limited, formerly Sagility India Limited, operates from its registered office in Bengaluru, Karnataka. The company maintains its corporate identification number L72900KA2021PLC150054 and provides investor services through dedicated communication channels. The quarterly compliance filing reinforces the company's commitment to maintaining transparent regulatory practices and adherence to SEBI guidelines for listed entities.