Stocks

Seamec Limited

| Updated on January 09, 2018

The board of directors of Seamec, formerly South East Asia Marine Engineering & Construction, has discussed in brief the concept of a restructuring arrangement between the company and HAL Offshore proposed by its management. The board advised its management to prepare a comprehensive proposal along with legal requirements and place it before the subsequent board meeting for consideration. The stock jumped 5 per cent at ₹170.40 on the BSE.

Published on October 30, 2017

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