Sagility to acquire US healthcare firm Chirok Health for up to $32.35M

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

SAGILITY · price

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Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹44.41

prior close

₹45.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%+3.3% vs market

IT Enabled Services peers, median of 82sector-1.7%+3.9% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Smallcap 250 and 3.9 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.6

15m

-0.5

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2-1.1+3.3-1.7+3.9

Next day

-0.5-3.9+3.3-4.5+3.9

+0.5-2.8+3.3-4.7+5.2

+3.7-0.6+4.4-2.9+6.6

+2.0-0.3+2.3-2.5+4.5

+0.6+0.3+0.2-2.7+3.2

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15d

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UpDownMarket · Nifty Smallcap 250Sector · IT Enabled Services peers, median of 82Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sagility's US subsidiary will acquire 100 percent of Chirok Health LLC, a US-based healthcare services company in Tennessee founded in 2019. Chirok offers clinical documentation, medical coding and revenue cycle management services. Deal value is up to US dollar 32.35 million in cash, comprising US dollar 20 million upfront and up to US dollar 12.35 million contingent on milestones. Chirok's turnover was US dollar 9 million in CY2025, down from US dollar 12.7 million in CY2023. Not a related party transaction. Closing on October 21, 2026 with no regulatory approvals required.

Likely market impact

Strengthens Sagility's healthcare provider segment by adding CDI, medical coding and RCM capabilities in the US market.