Sagility India Ltd

Sagility Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 01, 2026, and will reopen 48 hours after the announcement of the unaudited financial results for the quarter ending June 30, 2026. During this period, designated persons, their relatives, and other insiders are prohibited from trading in the company's equity shares.

Sagility has acquired CareSeed, a U.S.-based healthcare analytics company, to enhance its AI-led quality operations and Medicare Advantage performance transformation. CareSeed specializes in NCQA-certified HEDIS quality reporting, medical record review, and regulatory analytics for health plans. This acquisition expands Sagility's capabilities in healthcare quality, HEDIS, and care gap orchestration, integrating CareSeed's cloud-native platforms, Forecast and Harvest, with Sagility's operational scale and AI expertise. The combined entity aims to provide an end-to-end quality operations continuum, helping health plans improve HEDIS performance, member outcomes, Star Ratings, and financial results, particularly strengthening Sagility's position in the mid-market payer segment.

Sagility LLC, a step-down subsidiary of Sagility Limited, has signed a definitive agreement to acquire CareSeed LLC for up to US$30 million. The acquisition, comprising an upfront payment of US$17.5 million and contingent consideration of up to US$12.5 million, aims to accelerate Sagility's AI-led quality operations and Medicare Advantage performance transformation. CareSeed, a US-based healthcare analytics platform specializing in NCQA-certified HEDIS reporting and risk adjustment solutions, reported a turnover of US$5.1 million in CY2025. This strategic move is expected to enhance Sagility's healthcare analytics capabilities, expand its offerings in quality measurement and risk adjustment, and provide cross-selling opportunities within the payer ecosystem.

Sagility Ltd has received an order from the Department of Commercial Taxes, Karnataka, for the period April 2022 to March 2023. The order, issued under Section 73(9) of the GST Acts, includes a total demand of ₹90,44,596, comprising ₹31,86,995 in tax, ₹55,21,302 in interest, and ₹3,36,299 in penalty. The company disputes the demand, citing GST on export of services and denial of input tax credit on certain credit notes. Sagility plans to file an appeal and believes the order will not materially impact its financials or operations.

Sagility Ltd received a rectification order from the Deputy Commissioner of Income Tax, Bengaluru, revising the income tax demand for AY 2023-24 (FY 2022-23). The demand has been revised from ₹100,00,36,187 to ₹56,68,06,083 (including interest). The company has filed an appeal against the original adjustments, believing the demand is not maintainable, and anticipates no material impact on its financials or operations.

The Board of Directors of Sagility Ltd, in its meeting held on May 12, 2026, recommended a final dividend of ₹0.10 per equity share of ₹10 each for the financial year ended March 31, 2026. The dividend is subject to the approval of shareholders at the upcoming Annual General Meeting. The record date and dividend payment date will be announced later. The meeting concluded at 5.50 p.m. (IST).

The Board of Directors of Sagility Ltd approved the 'Employee Stock Options and Performance Stock Units Scheme 2026' (ESOS 2026), subject to shareholder approval. The scheme allows for the grant of stock options and performance stock units to eligible directors and employees of the company and its subsidiaries. A total pool of 3,09,10,845 stock options and 12,36,43,222 performance stock units will be granted under ESOS 2026, each entitling the holder to one equity share of face value ₹10. The approval of shareholders will be sought through a postal ballot.

Sagility Ltd reported strong FY26 results with a 29.1% increase in revenue to ₹71,929 million (US$ 814.0 million). Adjusted EBITDA grew by 23.9% to ₹18,200 million, representing 25.1% of revenue. Adjusted PAT increased by 39.5% to ₹11,306 million, or 15.7% of revenue. The company secured $30.7 million in potential steady-state ACV through new business wins and expansions. Sagility added 17 new clients in FY26 and continues to advance AI orchestration. The Board declared a final dividend of ₹0.10 per share.

Sagility Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in a meeting held on May 12, 2026. The Statutory Auditors issued unmodified audit reports on the financial results. The meeting commenced at 5:00 p.m. (IST) and concluded at 5:50 p.m. (IST).

Sagility Ltd's board approved audited standalone and consolidated financial results for the year ended March 31, 2026, with an unmodified audit opinion. A final dividend of ₹0.10 per equity share was recommended, subject to shareholder approval. The 'Sagility Limited – Employee Stock Options and Performance Stock Units Scheme 2026' (ESOS 2026) was also approved, pending shareholder approval via postal ballot.