Sagility Limited has informed stock exchanges about receiving a significant tax demand from the Income Tax Department, marking a notable regulatory development for the healthcare technology services company. The disclosure was made on December 10, 2025, in compliance with SEBI listing regulations.

Tax Assessment Details

The Income Tax Department issued an assessment order under sections 143(3), 144C(13), and 144B of the Income Tax Act, 1961, for assessment year 2022-23. The order was received by the company on December 10, 2025, at 10:05 IST.

Transfer Pricing Adjustments

The Income Tax Authority made transfer pricing and other adjustments to the company's returned income for AY 2022-23. These adjustments totaled ₹1,079.90 million, which subsequently led to the tax demand of ₹351.30 million including interest.

Company's Response Strategy

Sagility Limited has expressed confidence in challenging the assessment order. The company believes the aforementioned demand is not maintainable and, based on advice from its tax advisors, is preparing to file an appeal before the Income Tax Appellate Tribunal within the prescribed timelines.

The company has categorically stated that the assessment order has no material impact on its financials, operations, or other activities, suggesting confidence in its tax position and the eventual resolution of the matter.

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Satish Kumar Sakharayapattana Seetharamaiah, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed in informing stakeholders about this development.

Sagility B.V., the promoter of Sagility Limited, has significantly reduced its stake in the company through a substantial open market sale. The transaction, which settled on November 17, marks a notable shift in the company's ownership structure.

Details of the Transaction

Sagility B.V. sold 769 million equity shares, representing a 16.43% stake in Sagility Limited. This large-scale divestment has led to a considerable reduction in the promoter's shareholding in the company.

Impact on Shareholding

The sale has resulted in a significant change in Sagility B.V.'s ownership position:

Transaction Details

• Mode of Sale: Open market
• Settlement Date: November 17
• Total Equity Shares of Sagility Limited: 4,681,328,413 (Face value of ₹10/- per equity share)
• Total Equity Share Capital: ₹46,792,743,610

Implications

This substantial reduction in promoter holding may have various implications for Sagility Limited:

1. Increased Public Float: The sale could lead to an increase in the public float of the company's shares, potentially enhancing liquidity in the stock.

2. Ownership Dynamics: While Sagility B.V. remains a significant shareholder, the reduced stake might affect the promoter's influence on company decisions.

3. Market Perception: Investors and market analysts may closely watch this development to understand its potential impact on the company's future direction and governance.

Despite this significant sale, Sagility B.V. continues to hold a substantial 50.95% stake in Sagility Limited, maintaining its position as the largest shareholder and promoter of the company.