BSECompany Update2d ago · 21 Oct 2026, 09:16 pm
Sagility accelerates provider growth strategy through Acquisition of Chirok Health
Sagility Ltd · 544282
✦ AI Summary▲ PositiveM&A
Sagility Ltd, a healthcare services provider, has announced the acquisition of Chirok Health LLC, a US-based healthcare services company, to strengthen its capabilities in the provider segment and complement its existing healthcare services portfolio.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Sagility Ltd - 544282 - Announcement under Regulation 30 (LODR)-Acquisition
Attachments (1)
📄pdf
Download →
52c77dba-c3d5-4234-940c-1597d944f180.pdf
View document text
Date: October 21, 2026
The Manager The Manager
Listing Department Listing Department
National Stock Exchange of India Limited (NSE) BSE Limited (BSE)
Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers
Plot No. C/1, G-Block Dalal Street
Bandra-Kurla Complex Mumbai - 400 001
Bandra (E), Mumbai - 400 051 Scrip Code:544282
Symbol: SAGILITY
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
We wish to inform you that the Board of Directors of the Company at their meeting held on 21st October
2026, have proposed an acquisition/investment by Sagility (US) Holdings Inc., a wholly owned
subsidiary of Sagility Limited. Sagility (US) Holdings Inc., has signed a definitive agreement on 21st
October 2026, with Chirok Health LLC, the details of which are given as Annexure A to this letter, as
required under the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026.
Kindly take the above information on your record
For Sagility Limited
Satishkumar Sakharayapattana Seetharamaiah
Company Secretary & Compliance Officer
Membership No: A16008
Place: Bengaluru
Sagility Limited
(Formerly Sagility India Limited)
Registered Office - No. 23 & 24, AMR Tech Park, Building 2A, First Floor Hongasandara Village, Off Hosur
Road, Bommanahalli, Bengaluru – 560068, Karnataka, India
Corporate Identification Number: L72900KA2021PLC150054
Tel. No.: 080-71251500, E-mail: investorservices@sagility.com, Website: www.sagility.com
Annexure A
Details as required under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026
Sl. Particulars Details
1. Name of the target entity, details in brief Chirok Health LLC
such as size, turnover etc. Turnover: US$ 9.0 M (CY2025) here hereafter
mentioned as Chirok
2. Whether the acquisition would fall within No
related party transaction(s) and whether the
promoter/ promoter group/ group companies
have any interest in the entity being acquired?
If yes, nature of interest and details thereof
and whether the same is done at “arm’s
length”
3 Industry to which the entity being acquired Healthcare services / Healthcare Revenue Cycle
belongs. Management (RCM), including Clinical
Documentation Integrity (CDI) and medical coding
services.
4 Objects and impact of acquisition (including The acquisition is intended to strengthen Sagility’s
but not limited to, disclosure of reasons for capabilities in the provider segment by adding
acquisition of target entity, if its business is specialised Clinical Documentation Integrity (CDI),
outside the main line of business of the listed medical coding and revenue optimisation capabilities,
entity); complementing Sagility’s existing healthcare services
portfolio.
5 Brief details of any governmental or NA
regulatory approvals required for the
acquisition
6 Indicative time-period for completion of the 21st October 2026
acquisition
7 Consideration - whether cash consideration Cash
or share swap or any other form and details
of the same
8 Cost of acquisition and/or the price at which Aggregate purchase consideration of upto US$ 32.35
the shares are acquired M, comprising:
• Upfront payment of US$ 20.0 M at closing,
subject to customary closing adjustments; and
Sagility Limited
(Formerly Sagility India Limited)
Registered Office - No. 23 & 24, AMR Tech Park, Building 2A, First Floor Hongasandara Village, Off Hosur
Road, Bommanahalli, Bengaluru – 560068, Karnataka, India
Corporate Identification Number: L72900KA2021PLC150054
Tel. No.: 080-71251500, E-mail: investorservices@sagility.com, Website: www.sagility.com
• Contingent consideration upto US$ 12.35 M,
payable subject to achievement of specified
performance milestones
9 Percentage of shareholding / control acquired 100%
and / or number of shares acquired
10 Brief background about the entity acquired in Chirok Health LLC is a US-based healthcare services
terms of products/line of business acquired, company providing Clinical Documentation Integrity
date of incorporation, history of last 3 years’ (CDI), medical coding, Revenue Cycle Management
turnover, country in which the acquired entity (RCM), and audit and quality assurance services,
has presence and any other significant supported by its proprietary CHEMP workflow
information (in brief) platform.
The Company was incorporated in 2019 and is
headquartered in Tennessee, United States.
The Company has turnover of approximately USD 12.7
M, USD 8.2 M, and USD 9.0 M for CY2023, CY2024,
and CY2025 respectively.
Sagility Limited
(Formerly Sagility India Limited)
Registered Office - No. 23 & 24, AMR Tech Park, Building 2A, First Floor Hongasandara Village, Off Hosur
Road, Bommanahalli, Bengaluru – 560068, Karnataka, India
Corporate Identification Number: L72900KA2021PLC150054
Tel. No.: 080-71251500, E-mail: investorservices@sagility.com, Website: www.sagility.com