Sagility Limited (NSE: SAGILITY, BSE: 544282) has announced an important update to its upcoming board meeting agenda. The company's Board of Directors is set to convene on October 29, 2025, with an additional item now on the table: the consideration of an interim dividend for the financial year 2025-26.

Board Meeting Agenda Update

The company has issued an addendum to its earlier board meeting notice, expanding the scope of the meeting. Here's a breakdown of the key points:

Key Details

• Meeting Date: October 29, 2025
• Original Notice Date: October 7, 2025
• Addendum Notice Date: October 24, 2025

Implications for Shareholders

The consideration of an interim dividend could be of significant interest to Sagility's shareholders. However, it's important to note that the board will be considering the proposal, and there is no guarantee that an interim dividend will be declared.

Company Background

Sagility Limited, formerly known as Sagility India Limited and Sagility India Private Limited, is headquartered in Bengaluru, Karnataka. The company operates in the technology sector, as indicated by its listing under the 'L' series CIN (Corporate Identification Number).

Regulatory Compliance

This addendum to the board meeting notice complies with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) about this update.

Investors and stakeholders are advised to keep an eye on further announcements from Sagility Limited following the board meeting on October 29, 2025, for any decisions regarding the interim dividend and the company's financial performance for the quarter and half-year ended September 30, 2025.

Sagility India , the promoter of Sagility India Limited, has refiled a regulatory disclosure regarding a significant share disposal, shedding light on changes in ownership and indirect encumbrances. The revised filing comes in response to multiple requests from BSE Limited for clarification.

Share Sale Details

Sagility B.V. completed an offer for sale of 703 million equity shares of Sagility India Limited, representing 15.02% of the company's total share capital. The transaction was executed across two trade dates:

• May 27, 2025 (settled on May 28, 2025)
• May 28, 2025 (settled on May 29, 2025)

Ownership Changes

Following the share sale, Sagility B.V.'s holding in Sagility India Limited decreased significantly:

Indirect Encumbrances

The share disposal resulted in changes to indirect share encumbrances related to financing facilities availed by Sagility B.V. and its holding companies from international lenders. Key points include:

1. The number of indirectly encumbered shares decreased from 3,857,129,152 to 3,154,129,152.
2. Encumbrances are in favor of security agents, including Global Loan Agency Services Australia Nominees Pty Limited and The Hongkong and Shanghai Banking Corporation Limited.
3. These agents represent various international lenders, including major banks and financial institutions.

Regulatory Compliance

The refiling was prompted by BSE Limited through multiple email correspondences. Sagility B.V. revised the disclosure to align with the particulars of the offer for sale, specifically:

• Correcting the number of shares from 3.857 billion to 703 million
• Adjusting the percentage of indirect release of pledge from 82.39% to 15.02%

Financial Implications

While the specific reasons for the share sale were not disclosed, it's worth noting that Sagility B.V. and its holding companies have availed financing facilities from lenders outside India. The change in shareholding structure may have implications for these financial arrangements.

Sagility India Limited, listed on both BSE Limited and the National Stock Exchange of India Limited, continues to have Sagility B.V. as its majority shareholder despite this significant share disposal.