Seamec Limited has informed the stock exchanges that its vessel SEAMEC DIAMOND has resumed operations and is back on hire effective May 27, 2026, at 13:54. This development follows the resolution of a technical issue that had previously forced the vessel off hire on May 21, 2026. The disclosure was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the technical reasons encountered with the vessel have been addressed, allowing it to return to the field. Seamec Limited stated that it communicated the return of the vessel to the exchanges in due course. The information regarding the resumption of operations was received by the company on May 27, 2026, at 14:37 hours.

Key Details

The notification updates a previous letter dated May 21, 2026, regarding the off-hire status of the vessel. Seamec Limited is a member of the MMG (MTI AGRO-IND. GROUP) and operates in the marine contracting sector.

Seamec Limited has successfully completed the deployment of its vessel SEAMEC PRINCESS for the Pipeline Replacement Project VIII (PRP-VIII Gr. B) and the Daman Upside Development Project (DUDP). The vessel finished the second season of these projects on May 26, 2026, at 06:48 hrs. This operational milestone marks the conclusion of the vessel's contracted activities for these specific offshore developments.

The company informed the stock exchanges regarding the completion status under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was received by the company on May 26, 2026, at 08:52 hours. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited to update the records regarding the vessel's operational status.

Project Details

The vessel was engaged in two distinct projects during this deployment period. The completion of these projects signifies the fulfillment of contractual obligations for the second season.

Regulatory Filing

The communication was addressed to the Corporate Relations Department of BSE Limited and the Manager, Listing Department of National Stock Exchange of India Limited. The filing was signed by S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary, on behalf of Seamec Limited.