
Seamec Ltd Approves Sale of Vessel 'SEAMEC GALLANT' to Hong Kong Buyer
Seamec Ltd has approved the sale of its vessel, 'SEAMEC GALLANT', to M/s Bo Yuan Han Limited of Hong Kong for a gross consideration of USD 9.5 million. The transaction involves SEAMEC International FZE, which is a wholly owned subsidiary of Seamec Ltd.The Board of Directors reviewed and approved the sale during its meeting held on July 14, 2026.
Details of the sale are as follows:
| Item | Details |
|---|---|
| Vessel Name | SEAMEC GALLANT |
| Seller/Owner | Seamec International FZE (wholly owned subsidiary) |
| Buyer | M/s Bo Yuan Han Limited, Hong Kong |
| Gross Consideration | USD 9.5 million |
The Board meeting commenced at 17:00 hours and concluded at 18:20 hours on July 14, 2026.
SEAMECLTD Stock Price Movement
Today, shares of Seamec Limited shed value by 1.4% to settle at ₹1426.9 after closing the session. The stock traded on a volume of 16,741 shares as it wound down for the day.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.