SEAMEC Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, to both BSE and NSE. The certificate confirms the company's adherence to regulatory requirements for dematerialisation processes during Q4 FY26.

Regulatory Compliance Details

The certificate was issued by MCS Share Transfer Agent Limited, SEAMEC's registrar and share transfer agent, on April 2, 2026. The document certifies compliance with the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, specifically under Regulation 74(5).

Dematerialisation Process Confirmation

MCS Share Transfer Agent Limited confirmed that all securities received from depository participants for dematerialisation during Q4 FY26 were properly processed. The registrar certified that these securities were confirmed to depositories and that the securities comprised in the certificates have been listed on stock exchanges where SEAMEC's earlier issued securities are already listed.

The certificate also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant. Additionally, the names of depositories were substituted in the register of members as registered owners within the mandated 15-day period.

Stock Exchange Communication

SEAMEC communicated this compliance confirmation to both major Indian stock exchanges through formal letters. The company submitted the certificate to BSE Limited's Corporate Relations Department and NSE's Manager Listing Department, requesting them to take the compliance confirmation on record.

Company Information

SEAMEC Limited, a member of the MMG Hiranival Group, operates from its registered office in Mumbai. The company maintains various certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, and is a contractor member of the International Marine Contractors Association (IMCA). The compliance certificate was signed by S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary.

SEAMEC Limited has announced that CRISIL Ratings has assigned a short-term credit rating of "CRISIL A1/Watch Developing" for the company's bank facilities. This rating assignment was communicated to stock exchanges on April 01, 2026, in compliance with SEBI listing regulations.

Credit Rating Details

The rating agency has assigned the short-term rating in addition to the existing long-term rating for the company's debt facilities. Both ratings continue under 'Rating Watch with Developing Implications', indicating ongoing evaluation by the rating agency.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Clause 3 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication also references the SEBI circular dated January 30, 2026, highlighting the company's adherence to regulatory requirements for credit rating disclosures.

Watch Developing Status

Both the long-term and short-term ratings carry the "Watch Developing" designation, which indicates that CRISIL continues to monitor the company's credit profile with developing implications. This status suggests that the rating agency is evaluating factors that could potentially impact the ratings in either direction.

Corporate Communication

The rating information has been made available on the company's official website at www.seamec.in , ensuring transparency and accessibility for stakeholders. The disclosure was signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary, demonstrating proper corporate governance protocols in the communication process. The company maintains its status as a member of the MMG (METI AGROVIL GROUP) and holds multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.