Sanjeev Agrawal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Awaiting price reaction for this filing.
Sanjeev Agrawal, on behalf of the promoter and persons acting in concert (PAC), has submitted the annual disclosure under SEBI Takeover Regulations to NSE and BSE. As of March 31, 2025, the promoter group holds 1,83,84,820 shares in Seamec Limited: HAL Offshore Limited (promoter) holds 1,78,89,694 shares, while Sanjeev Agrawal and Deepti Agrawal (PAC members) hold 3,95,476 and 99,650 shares respectively. Importantly, the promoter group has declared that no encumbrances (pledges, charges, or liens) were created on any of these shares during the financial year ended March 31, 2025. This is a routine annual compliance filing required under the takeover code.
This is a routine regulatory disclosure with no material action — the promoter group's shareholding is stable and no shares have been pledged, which is a mildly positive signal for shareholders as it indicates the promoter has not used equity as collateral for borrowing.