Baroda BNP Paribas Mutual Fund reduced its stake in Sagility Limited from 1.48% to 1.21%, selling 12,775,160 shares. The value of the sold shares was ₹53.69 Cr, calculated at the last available share price of ₹42.03.
A healthcare-focused technology services company, Sagility provides IT-enabled solutions to payer and provider organizations primarily in the United States. The company delivers comprehensive services including claims processing, revenue cycle management, clinical operations support, and business process outsourcing. Established in 2021, Sagility serves major healthcare clients requiring specialized operational expertise, digital transformation capabilities, and back-office support across complex healthcare workflows and regulatory compliance requirements.
Joint venture between Bank of Baroda and BNP Paribas Asset Management, one of Europe's largest asset managers. Manages over Rs 50,000 crore. Formerly Baroda Pioneer and then Baroda BNP after the global BNP Paribas AM rebranding. Strong debt and fixed income franchise alongside growing equity offerings.