SEAMEC board approves sale of vessel SEAMEC GALLANT for USD 9.5 million

Strategic Transactions View source PDF Explain this filing

SEAMECLTD · price

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

+0.3%Reaction day

₹1421.10

prior close

₹1445.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-0.3% vs market

Shipping peers, median of 8sector+0.4%-0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.1 pts less than its Shipping 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

+1.3

10m

+2.4

15m

+2.8

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.6-0.3+0.4-0.1

Next day

+0.3+0.2+0.2+0.5-0.2

-3.4-0.9-2.5-1.1-2.3

-3.9-0.3-3.7-0.1-3.8

-3.7+0.0-3.8-0.6-3.1

-3.4-1.1-2.3+1.1-4.5

-2.0-1.4-0.5-1.1-0.8

15d

+6.5+2.7+3.8-0.7+7.2

+9.8+3.6+6.2+0.6+9.2

+21.9+2.0+19.9-5.7+27.5

+17.9+1.1+16.8-0.7+18.5

UpDownMarket · Nifty Microcap 250Sector · Shipping peers, median of 8Pending

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

AI summary

SEAMEC Limited board approved the sale of vessel SEAMEC GALLANT, owned by wholly owned subsidiary SEAMEC International FZE, to M/s Bo Yuan Han Limited, Hong Kong for a gross consideration of USD 9.5 million. The sale is subject to shareholder approval by special resolution at the upcoming AGM.

Likely market impact

Disposal of an operating vessel pending shareholder nod; adds about USD 9.5M cash but shrinks fleet capacity.