SEAMEC Limited completed the sale of its bulk carrier vessel, SEAMEC Gallant, on September 17, 2026. The transaction was finalized at 4:46 pm Singapore time upon the signing of the Protocol of Delivery and Acceptance.

The vessel is owned by SEAMEC International FZE, a wholly owned subsidiary of the company. The corporate relations department disclosed the completion to stock exchanges on the same day.

Transaction Details

The sale follows previous disclosures regarding the matter. The company had earlier informed the exchanges about the outcome of its board meeting and the partial modification of the scheme related to this asset.

Regulatory Disclosure

The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely disclosure of material events to recognized stock exchanges.

The information was received by the exchanges at 3:07 pm IST on September 17, 2026. S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary, signed the communication.

SEAMEC Limited has disclosed that its vessel, SEAMEC AGASTYA, has been off-hired effective September 15, 2026, at 17:00 hrs. The suspension of operations stems from technical reasons affecting the vessel.

The company filed the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was received by the exchange on September 15, 2026, at 18:39 hrs and signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary.

Operational Status

SEAMEC Limited indicated that the vessel remains off-hired until the technical defect is resolved. The company committed to intimating the stock exchanges once the issue is redressed and operations can resume.

No financial impact or revenue implications were quantified in the filing. The disclosure focuses solely on the deployment status change of the specific asset.