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 's vessel Samudra Sevak has arrived in Mumbai following the completion of emergency dry docking and is set to return to service after fulfilling all applicable regulatory requirements.

Vessel status and next steps

The Samudra Sevak completed its urgent dry docking and has since reached Mumbai. The vessel's return to active service is contingent on meeting the necessary regulatory requirements, as confirmed by the company.

Dry docking is a standard maritime procedure in which a vessel is taken out of water for inspection, maintenance, or repair. In this instance, the dry docking was carried out on an urgent basis, after which the vessel was brought to Mumbai.

Regulatory compliance before resumption

SEAMEC has indicated that Samudra Sevak will resume operations only after all regulatory requirements are satisfied. No specific timeline for the vessel's return to service has been disclosed.