SEAMEC Limited to consider scheme of arrangement with holding company HAL Offshore Ltd

A meeting of the Board of Directors of SEAMEC Limited is scheduled to be held on Monday, March 28, 2022, to consider and evaluate draft scheme of arrangement in connection with proposal of merger / demerger / reverse merger / restructuring arrangement 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. 1099.65 as compared to the previous close of Rs. 1099.55. The total number of shares traded during the day was 354 in over 89 trades.

The stock hit an intraday high of Rs. 1114.75 and intraday low of 1070.00. The net turnover during the day was Rs. 385983.00.

Source : Equity Bulls

Keywords

Seamec INE497B01018 Restructuring Merger Demerger HALOffshore