HAL Offshore Limited has increased its stake in Seamec Limited to 70.48% after acquiring 30,712 equity shares. The disclosure, dated August 23, 2025, was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The shares were acquired through open market transactions on August 22, 2025.
Acquisition Details
| Particulars | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Carrying Voting Rights | 1,78,89,694 (70.36%) | 1,79,20,406 (70.48%) |
| Total Shares | 1,78,89,694 (70.36%) | 1,79,20,406 (70.48%) |
Details of the Companies
- Acquirer: HAL Offshore Limited
- Persons Acting in Concert (PAC): Mr. Sanjeev Agrawal and Mrs. Deepti Agrawal
- Target Company: Seamec Limited
- Promoter Group: Yes, HAL Offshore belongs to the Promoter Group
- Listed Exchanges: BSE Ltd and National Stock Exchange of India Ltd.
The equity share capital/ total voting capital of the TC before and after the said acquisition remains at ₹25.425 Crores.
The acquisition is effective as of August 22, 2025.
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