Acquisitions25 Aug 2025, 04:10 pm
HAL Offshore Acquires 0.12% Stake in Seamec Ltd for INR 1.5 Crore
AI Summary
HAL Offshore Limited, a promoter of Seamec Ltd, has acquired 30,712 equity shares of the company. The acquisition was made through the open market. The total cost of the acquisition was INR 1.5 Crore. After the acquisition, HAL Offshore's holding in Seamec Ltd stands at 70.48%.
Key Highlights
- HAL Offshore Limited, a promoter of Seamec Ltd, has acquired 30,712 equity shares of the company.
- The acquisition was made through the open market for a total cost of INR 1.5 Crore.
- After the acquisition, HAL Offshore's holding in Seamec Ltd stands at 70.48%.
- The acquisition is in compliance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The acquisition was made by Mr. Sanjeev Agrawal and Mrs. Deepti Agrawal, Persons Acting in Concert (PAC) with HAL Offshore Limited.