SEAMEC Limited has announced that its vessel SEAMEC AGASTYA has been temporarily taken out of field for technical reasons. The company made this disclosure to stock exchanges under regulatory requirements on April 09, 2026.

Vessel Status Update

The marine services company informed both BSE and National Stock Exchange that vessel SEAMEC AGASTYA was taken out of field with effect from April 09, 2026 at 08:30 hrs due to technical issues. This follows an earlier communication dated January 17, 2026, regarding the vessel's deployment status.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SEAMEC received the information on April 09, 2026 at 11:11 hours and promptly communicated the same to the exchanges.

Company Communication

SEAMEC stated that it will inform the exchanges once the technical defect is resolved. The communication was signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary, indicating the company's commitment to maintaining transparency with stakeholders regarding operational developments.

The company, which is a member of the MMG Mynagrawal Group, operates in the marine services sector and maintains various international certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

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.