Seamec off-hires Barge SEAMEC GLORIOUS after charter ends

0 min read     Updated on 23 May 2026, 02:18 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Seamec Limited has off-hired Barge SEAMEC GLORIOUS effective May 22, 2026, at 00:00 hrs, following the completion of a charter with Larsen & Toubro Limited. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

powered bylight_fuzz_icon
40969785

*this image is generated using AI for illustrative purposes only.

Seamec Limited has off-hired its Barge SEAMEC GLORIOUS following the successful completion of a charter contract with Larsen & Toubro Limited. The vessel was officially off-hired effective May 22, 2026, at 00:00 hrs. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company informed the stock exchanges that the charter period with the infrastructure major had concluded. The specific details regarding the financial impact of this off-hire were not disclosed in the regulatory filing.

Deployment Status

The following table summarizes the key details regarding the deployment status of the barge:

Barge Name Status Date Client
SEAMEC GLORIOUS Off-hired May 22, 2026 Larsen & Toubro Limited

The communication regarding this development was received by the exchanges on May 22, 2026, at 07:37 hours. The company has requested the exchanges to place this information on their records.

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
-16.08%-16.60%-12.92%+30.56%+54.71%+180.97%

What are Seamec Limited's plans for redeploying SEAMEC GLORIOUS, and are there any new charter contracts currently under negotiation?

How will the off-hiring of SEAMEC GLORIOUS impact Seamec Limited's revenue and fleet utilization rate for the upcoming quarters?

Is Larsen & Toubro likely to renew or extend charter agreements with Seamec Limited for future offshore infrastructure projects?

SEAMEC Limited Schedules Q4 FY2025-26 Earnings Call for May 19, 2026

1 min read     Updated on 15 May 2026, 07:55 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

SEAMEC Limited, a member of the MMG Group, has announced its Q4 FY2025-26 earnings call for May 19, 2026, at 4:00 PM IST, arranged by Arihant Capital Markets Ltd. Senior management including the Whole Time Director, CFO, and VP of Strategy and Investor Relations will participate. The filing, made under Regulation 30 of SEBI Listing Regulations, confirms no UPSI will be shared during the interaction.

powered bylight_fuzz_icon
40333459

*this image is generated using AI for illustrative purposes only.

SEAMEC Limited , a member of the MMG (Met Agro-Ind. Group), has notified stock exchanges of its upcoming Q4 FY2025-26 earnings call, scheduled for Tuesday, May 19, 2026, at 4:00 PM IST. The intimation was filed pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The call will be conducted via concall and arranged by Arihant Capital Markets Ltd.

Earnings Call Details

The company's senior management will represent SEAMEC Limited during the investor interaction. The following key executives are scheduled to participate in the call:

Management Representative: Designation
Mr. Naveen Mohta Whole Time Director
Mr. Vinay Kumar Agarwal Chief Financial Officer
Mr. Sunil Gupta VP, Strategy and Investor Relations

Dial-In Information

Participants can join the earnings call using the following dial-in numbers. Investors are advised to dial in at least 5–10 minutes prior to the scheduled time to ensure timely connectivity.

Access Type: Number
Universal Dial-In +91 22 6280 1466
Universal Dial-In +91 22 7115 8826
Hong Kong (International Toll Free) 800964448
Singapore (International Toll Free) 8001012045
UK (International Toll Free) 08081011573
USA (International Toll Free) 18667462133

Regulatory Compliance and Disclosures

The filing was made in accordance with Regulation 30 of the SEBI Listing Regulations and signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary. SEAMEC Limited has explicitly stated that no Unpublished Price Sensitive Information (UPSI) is proposed to be shared during the investor interaction. The company also noted that the schedule of the meeting may undergo change due to exigencies on the part of the investor or the company. Further details pertaining to the call are available on the company's official website at seamec.in.

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
-16.08%-16.60%-12.92%+30.56%+54.71%+180.97%

How might SEAMEC Limited's Q4 FY2025-26 results reflect the broader trends in India's offshore marine services sector, and what revenue guidance could management provide for FY2026-27?

Given SEAMEC's positioning within the MMG Group, are there any planned fleet expansions or new vessel acquisitions that could impact the company's competitive standing in the offshore services market?

How is SEAMEC Limited exposed to fluctuations in global crude oil prices, and what strategies might management outline to hedge against potential demand volatility from upstream oil and gas clients?

More News on Seamec

1 Year Returns:+54.71%