HAL Offshore Boosts Stake in SEAMEC Limited with 45,000 Share Acquisition

1 min read     Updated on 28 Aug 2025, 11:25 AM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

HAL Offshore Limited, the promoter of Seamec Limited, has increased its shareholding in the company. On August 26, 2025, HAL Offshore acquired 45,000 additional equity shares through an open market purchase. This transaction increased HAL Offshore's stake from 70.59% (1,79,48,406 shares) to 70.77% (1,79,93,406 shares) of Seamec's total equity share capital. The disclosure was made in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Seamec Limited, a publicly traded company in the marine and oil field services sector, has reported a recent increase in shareholding by its promoter, HAL Offshore Limited. The transaction, which took place on August 26, 2025, involved HAL Offshore acquiring an additional 45,000 equity shares of Seamec through an open market purchase.

Shareholding Impact

The acquisition has resulted in a slight increase in HAL Offshore's stake in Seamec:

Shareholding Before Acquisition After Acquisition
Number of Shares 1,79,48,406 1,79,93,406
Percentage 70.59 70.77

This transaction represents a 0.18% increase in HAL Offshore's ownership of Seamec's total equity share capital, which stands at 25,42,50,000 shares.

Regulatory Compliance

The disclosure of this acquisition was made in compliance with the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeovers Regulations. Seamec promptly informed the BSE Limited and the National Stock Exchange of India Limited about this change in shareholding on August 28, 2025.

Promoter Group

HAL Offshore Limited is part of Seamec's promoter group, which also includes persons acting in concert:

  1. Mr. Sanjeev Agrawal
  2. Mrs. Deepti Agrawal

About Seamec Limited

Seamec is listed on both the BSE and the National Stock Exchange of India. The company provides offshore oilfield services and vessel management in the marine and oil field services sector.

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
+8.21%+10.06%+25.56%+5.65%-37.76%+146.59%

HAL Offshore Boosts Stake in SEAMEC Limited with Strategic Share Acquisition

1 min read     Updated on 26 Aug 2025, 09:33 AM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

HAL Offshore Limited, a key promoter of SEAMEC Limited, has increased its shareholding in the company through two strategic acquisitions in August. On August 25, HAL Offshore acquired 28,000 equity shares, increasing its stake from 70.48% to 70.59%. This followed a previous acquisition on August 22 of 30,712 shares, which had raised the stake from 70.36% to 70.48%. These moves have further solidified HAL Offshore's majority control over SEAMEC Limited. The transactions were reported in compliance with SEBI regulations, and SEAMEC's total equity share capital remains at 25,42,50,000 shares.

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*this image is generated using AI for illustrative purposes only.

Seamec Limited, a company listed on Indian stock exchanges, has seen a significant change in its shareholding pattern as HAL Offshore Limited, a key promoter, strengthened its position through strategic share acquisitions in August 2025.

Recent Acquisitions

August 25, 2025 Transaction

HAL Offshore acquired an additional 28,000 equity shares of SEAMEC through open market transactions on August 25, 2025. This acquisition increased HAL Offshore's shareholding in SEAMEC Limited from 1,79,20,406 shares (70.48%) to 1,79,48,406 shares (70.59%), representing a 0.11% increase in SEAMEC's total voting capital.

August 22, 2025 Transaction

Prior to this, on August 22, 2025, HAL Offshore had acquired 30,712 equity shares of SEAMEC, increasing its stake from 70.36% to 70.48%.

Shareholding Impact

These consecutive acquisitions have further solidified HAL Offshore's majority stake in SEAMEC Limited, demonstrating a clear strategy to strengthen its control over the company.

Promoter Group and Concert Party

HAL Offshore Limited is part of SEAMEC's promoter group and acts in concert with Mr. Sanjeev Agrawal and Mrs. Deepti Agrawal, suggesting a coordinated approach to the company's ownership and strategic direction.

Company Overview

SEAMEC Limited's total equity share capital remains unchanged at 25,42,50,000 shares. The company's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.

Regulatory Compliance

These transactions have been reported in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. SEAMEC Limited has duly informed the stock exchanges of these changes in shareholding, maintaining transparency with its investors and regulatory bodies.

The strategic moves by HAL Offshore Limited to increase its stake in SEAMEC Limited may signal confidence in the company's future prospects and could potentially impact the company's strategic direction.

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
+8.21%+10.06%+25.56%+5.65%-37.76%+146.59%
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