At meeting held on 03 June 2014
Seamec announced that consequent upon acquisition of first tranche of 17,289,000 equity shares representing 51% of the total paid up equity share capital of the Company by HAL Offshore (HAL Offshore) from Coflexip Stena Offshore (Mauritius) (CSOML), Messers Carl Holmen, George Michel and Muriel Hurstel, the nominee Directors of CSOML have tendered their resignation from the Board of Directors of the Company w.e.f. 03 June 2014 in terms of the Share Purchase Agreement dated 22 April 2014 entered into between HAL Offshore and CSOML.The Board of Directors of the Company in its meeting held on 03 June 2014 noted the above resignation.
The Board of Directors in the said meeting considered and approved the appointment of Sanjeev Agrawal and J P Suri as nominee directors of HAL, Offshore.
The Board of Directors has also appointed S S Kohli and A S Soni as Director to hold the office of Independent Director subject to the approval of the shareholders in the ensuing AGM.
Accordingly, the composition of the Board was reconstituted and Sanjeev Agrawal has become the Chairman of the Board in place of Shardul Thacker.
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