SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Seamec informs about announcement for institution of arbitration proceedings

09 Dec 2024 Evaluate
Seamec has informed that the Company has instituted arbitration proceedings in London against Ships & Boats Oil Services, Egypt, for non-delivery of Vessel ‘SEA PEARL’ to the Company, pursuant to the terms of the Memorandum of Association dated December 1, 2023 and Addendum thereof dated May 2, 2024. James Clanchy has been appointed as a Sole Arbitrator before whom the Company filed the Statement of Claims on December 6, 2024, late evening. The necessary information as required in terms of Regulation 30 of Listing Regulations read with SEBI Master Circular dated July 13, 2023, as amended, is enclosed as Annexure. Date and time of occurrence of event: December 6, 2024 at 6:34 pm.

The above information is a part of company’s filings submitted to BSE.

Seamec Share Price

1519.80 -37.95 (-2.44%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 300.90
GE Shipping 1446.35
Dredging Corp 987.55
Seamec 1519.80
Shreeji Ship.Global 374.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×