Sagility Limited has announced that CRISIL Ratings has assigned credit ratings to the company's bank facilities worth ₹300 crores. The IT services company received a long-term rating of 'CRISIL A/Stable (Assigned)' and a short-term rating of 'CRISIL A1 (Assigned)' from the rating agency.

Credit Rating Details

The company disclosed the rating assignment through a regulatory filing dated January 5, 2026, submitted to both the National Stock Exchange of India (NSE) and BSE Limited. The rating covers the company's total bank loan facilities and reflects CRISIL's assessment of Sagility's creditworthiness.

Regulatory Compliance

Sagility Limited made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows the regulatory framework that requires listed companies to inform stock exchanges about material events, including credit rating assignments.

The filing was signed by Satishkumar Sakharayapattana Seetharamaiah, Company Secretary & Compliance Officer, who holds membership number A16008. The company has made the rating information available on both CRISIL Ratings' website and its own corporate website at sagilityhealth.com.

Company Background

Sagility Limited, formerly known as Sagility India Limited and earlier as Sagility India Private Limited, operates in the IT software sector. The company is headquartered in Bengaluru, Karnataka, with its registered office located at AMR Tech Park. The company trades on stock exchanges under the symbol SAGILITY on NSE and scrip code 544282 on BSE.

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.