Seamec Ltd board to consider restructuring with HAL Offshore Ltd

A meeting of the Board of Directors of Seamec Ltd is scheduled to be held on Tuesday, November 02, 2021, to discuss exploring and evaluating proposal of merger / demerger / reverse merger / amalgamation / restructuring arrangement to synergize resources between the Company and HAL Offshore Limited (HAL). HAL is the unlisted and Holding Company of SEAMEC Limited.

Shares of Seamec Limited was last trading in BSE at Rs. 1222.45 as compared to the previous close of Rs. 1235.15. The total number of shares traded during the day was 1322 in over 96 trades.

The stock hit an intraday high of Rs. 1249.00 and intraday low of 1190.05. The net turnover during the day was Rs. 1615901.00.

Source : Equity Bulls

Keywords

Seamec INE497B01018 Shipping Restructuring Merger Demerger ReverseMerger HALOffshore