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Outcome of board meeting of SEAMEC

Capital Market 

Held on 02 November 2021

The Board of SEAMEC at its meeting held on 02 November 2021 discussed in brief on exploring the concept of restructuring arrangement between the Company and HAL Offshore, proposed by Management and advised the Management to prepare a comprehensive proposal in detail along with legal requirements under law and regulatory authorities and once the same is ready to place the same before Board in appropriate Board meeting for further consideration and decision.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, November 02 2021. 13:26 IST