Seamec Limited, a company listed on both the BSE and the National Stock Exchange of India, has seen an increase in shareholding by its promoter, HAL Offshore Limited. This move demonstrates the promoter's confidence in SEAMEC's future prospects and its commitment to the company.

Transaction Details

On August 22, 2025, HAL Offshore Limited acquired 30,712 equity shares of SEAMEC Limited through open market transactions. This acquisition has resulted in an increase in HAL Offshore's shareholding:

Regulatory Compliance

The transaction was disclosed under the Securities and Exchange Board of India's (SEBI) Substantial Acquisition of Shares and Takeovers Regulations. In compliance with these regulations, SEAMEC Limited filed the necessary disclosure with both the BSE Limited and the National Stock Exchange of India on August 25, 2025.

Company Overview

SEAMEC Limited has a total equity share capital of 254,250,000 shares, as confirmed in the regulatory filing.

Market Implications

While the increase in shareholding is relatively small (0.12%), it demonstrates the promoter's ongoing interest in strengthening its position in SEAMEC Limited. Such moves by promoters are often viewed positively by the market, as they can signal confidence in the company's future performance and growth prospects.

Conclusion

This transaction highlights the dynamic nature of shareholding patterns in listed companies and the importance of transparent disclosures in maintaining market integrity. Investors and market watchers will likely keep a close eye on any further changes in SEAMEC's ownership structure and its potential impact on the company's strategic direction.

Seamec Limited, a prominent player in the offshore oil and gas services sector, has announced the return of its vessel 'SEAMEC II' to Mumbai following the completion of statutory drydocking. The company is now preparing to resume the vessel's operations under its contract with Oil and Natural Gas Corporation (ONGC).

Vessel Status and Next Steps

According to a regulatory filing by Seamec, 'SEAMEC II' arrived in Mumbai on August 20, after successfully completing its mandatory drydocking procedures. The vessel is now poised to re-enter service, pending necessary clearances and formalities.

Resumption of ONGC Contract

Seamec stated that once the vessel clears customs and completes all statutory and administrative requirements, it will return to the field to continue its ongoing contract with ONGC. The company has committed to providing further updates on the vessel's deployment in due course.

Impact on Operations

The timely completion of the drydocking process for 'SEAMEC II' is a positive development for Seamec Limited. It demonstrates the company's commitment to maintaining its fleet and ensuring compliance with regulatory standards. The vessel's return to service is expected to contribute to Seamec's operational capacity and revenue generation in the coming months.

Company's Fleet Management Strategy

This development aligns with Seamec's broader strategy of efficient fleet management and maximizing vessel utilization. The company has been focusing on optimizing its fleet operations to meet the demands of the offshore oil and gas industry while ensuring adherence to safety and regulatory standards.

Seamec Limited continues to position itself as a key player in the offshore services sector, with a particular focus on diving support vessels and related services for the oil and gas industry. The return of 'SEAMEC II' to active duty is expected to bolster the company's operational capabilities in the offshore services market.