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Seamec announces majority stake sale by promoters

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Capital Market
Last Updated : Apr 23 2014 | 11:56 PM IST

To HAL Offshore

Seamec has announced that Coflexip Stena Offshore (Mauritius), the promoters of the Company have entered into a share purchase agreement on 22 April 2014 with HAL Offshore for disinvestment of a majority stake (of atleast 51% to up to 75%) of the share capital of the Company held by them at a price of Rs 97 per share.

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First Published: Apr 23 2014 | 1:46 PM IST

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