SEAMECLTDBSESeamec LtdHighNeutral
Announced Sat, 30 Aug · 18:17 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HAL Offshore Ltd

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HAL Offshore Ltd, part of the promoter group of Seamec Ltd, purchased 45,000 equity shares (0.18%) of the company through the open market on 26 August 2025. The acquisition was disclosed by Mr. Subrat Das, CFO of HAL Offshore Ltd, under SEBI Takeover Regulations. Promoter holding now rises to 1,79,93,406 shares, representing 70.77% of Seamec's share capital, up from 70.59% earlier. Total equity share capital of Seamec stands at 25,42,50,000 shares. The acquirer is classified as part of the Promoter/Promoter group, with PACs Mr. Sanjeev Agrawal and Mrs. Deepti Agrawal named in the disclosure.

Likely market impact

This is a small, confidence-signalling open market purchase by the promoter group, reinforcing their controlling stake above 70%. The size is too small to materially shift stock price, but it shows continued promoter commitment to the company.