Block Deal Alert: Sagility

Sagility BV is set to offload up to 16.4% stake in Sagility through large block deals. The transaction involves 77 crore shares, carrying a total deal value of around ₹3,550 crore. The offer price is ₹46.4 per share, implying an ~8% discount to the previous closing price. This deal may create near-term pressure on the stock due to supply overhang, while also improving liquidity once the block clears.