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
-1.29%+5.18%+14.25%-2.37%-42.91%+118.76%

HAL Offshore Boosts Stake in SEAMEC Limited to 70.48%

1 min read     Updated on 25 Aug 2025, 04:22 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

HAL Offshore Limited, the promoter of SEAMEC Limited, has increased its shareholding in the company. On August 22, 2025, HAL Offshore acquired 30,712 equity shares through open market transactions, raising its stake from 70.36% to 70.48%. The transaction was disclosed in compliance with SEBI regulations. SEAMEC Limited has a total equity share capital of 254,250,000 shares.

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

Seamec Limited, a company listed on both the BSE and the National Stock Exchange of India, has seen an increase in shareholding by its promoter, HAL Offshore Limited. This move demonstrates the promoter's confidence in SEAMEC's future prospects and its commitment to the company.

Transaction Details

On August 22, 2025, HAL Offshore Limited acquired 30,712 equity shares of SEAMEC Limited through open market transactions. This acquisition has resulted in an increase in HAL Offshore's shareholding:

Shareholding Before After
Shares 17,889,694 17,920,406
Percentage 70.36% 70.48%

Regulatory Compliance

The transaction was disclosed under the Securities and Exchange Board of India's (SEBI) Substantial Acquisition of Shares and Takeovers Regulations. In compliance with these regulations, SEAMEC Limited filed the necessary disclosure with both the BSE Limited and the National Stock Exchange of India on August 25, 2025.

Company Overview

SEAMEC Limited has a total equity share capital of 254,250,000 shares, as confirmed in the regulatory filing.

Market Implications

While the increase in shareholding is relatively small (0.12%), it demonstrates the promoter's ongoing interest in strengthening its position in SEAMEC Limited. Such moves by promoters are often viewed positively by the market, as they can signal confidence in the company's future performance and growth prospects.

Conclusion

This transaction highlights the dynamic nature of shareholding patterns in listed companies and the importance of transparent disclosures in maintaining market integrity. Investors and market watchers will likely keep a close eye on any further changes in SEAMEC's ownership structure and its potential impact on the company's strategic direction.

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
-1.29%+5.18%+14.25%-2.37%-42.91%+118.76%
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