Seamec Limited to Acquire SEAMEC ANANT from HAL Offshore for USD 70 Million
Seamec Limited has entered into a Memorandum of Agreement (MOA) with HAL Offshore Limited for the purchase of the vessel, SEAMEC ANANT. The transaction was formalized on July 21, 2026.The acquisition involves Seamec Limited purchasing the Vessel SEAMEC ANANT (IMO No.: 9412206) from HAL Offshore Limited for a consideration of USD 70 million.
HAL Offshore Limited is identified as the Holding Company of Seamec Limited, making this transaction a related party purchase. The company confirmed that the purchase is considered in the normal course of business and was conducted at arm's length.
The delivery of the vessel is anticipated around August 31, 2026, pending the completion of necessary formalities.
Details regarding the agreement execution and the acquisition purpose were provided, noting that the total purchase price for the vessel is USD 70,000,000 as per the MOA dated July 21, 2026.
SEAMECLTD Stock Price Movement
Seamec Limited shares edged higher today, closing at ₹1385 after the market session concluded. The stock registered a volume of 36,426 shares during its trading day, which saw the equity fluctuate within a range from ₹1328 to ₹1385.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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