Sagility India Shares Plunge on Stake Sale

  Published 1 year ago

Sagility India (SAGL.NS) shares hit a 5% lower circuit after its major shareholder, Sagility B.V., announced plans to sell up to 15.02% of its stake through an offer for sale at a discounted price. The stock is down nearly 19% year to date.

  • Major shareholder initiating stake sale.
  • Offer price at 11.4% discount.
  • Stock down 19% year to date.

You might like these

Maruti Suzuki Expands Solar Capacity to 30MWp, Eyes 319MWp by 2031

Tata Power Surpasses 4 GW Solar Production, Stock Hits 5% YTD Gain

Sensex, Nifty Rebound After 3-Day Drop

Tata Steel Awards ₹364.69 Crore Contracts to BMW Industries

GOCL Shares Slip 3.3% After Large Sale

Talbros Secures $580 Crore Orders via JVs, Expands in Europe

PVR Inox Falls on Karnataka Price Cap

News that matters the most ⚡