Canara Robeco Mutual Fund increased its stake in Sagility Limited from 1.33% to 1.36%, buying 12.5 lakh shares. The total value of the additional shares is approximately ₹5.25 Cr at a 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 Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.