Sagility promoter launches ₹2,400-crore block deal to trim stake

Netherlands-based Sagility BV, a promoter group entity, is selling up to 56 crore shares of Sagility Ltd through a block deal launched by IIFL Capital on Thursday night. The transaction could be worth nearly ₹2,400 crore, or about $250 million, and will reduce the promoter's holding in the Indian company.