New Delhi, Oct. 29 -- Shares of Sagility are likely to remain volatile in Friday's session on October 30, as the healthcare services provider's promoter, Sagility B.V., is reportedly planning to sell a 12% stake in the company through a block deal, according to media reports.

The deal is estimated to be worth around Rs.2,377 crore, with the promoter expected to sell shares at Rs.42.45 apiece, representing a 5% discount to Thursday's closing price.

According to the shareholding data for the September quarter, Sagility B.V. held 2,38,51,29,151 shares, representing a 50.95% stake in the company at the end of the quarter. The promoter has been gradually trimming its stake in the company. In the same period last year, Sagility B.V. held a 67...