Seamec has announced that its vessel "SEAMEC III" has commenced its second Part Replacement Pipeline Project for Oil and Natural Gas Corporation Ltd (ONGC). This development marks a significant operational milestone for the marine services company as it continues its engagement with ONGC.

Project Scope and Details

The current project encompasses multiple components for ONGC operations:

Recent Contract Awards and Completions

Seamec has awarded a diving services contract to Adsun Offshore for the SEAMEC III vessel. This partnership will support the specialized underwater operations required for the pipeline replacement activities.

Earlier, on December 16, the company announced that the vessel had completed its charter with A.D. ENGINEERS & CONTRACTORS LLP, demonstrating the continuous deployment of its marine assets.

Company Operations Overview

The MM Agrawal Group company operates across two distinct verticals of the shipping business. The Mumbai-based entity maintains a diversified marine services portfolio:

• Offshore Support Vessels and Services: Primary focus on specialized marine operations
• Bulk Carrier Charter Business: Complementary shipping operations

Fleet Composition

Market Performance

The company's equity performance shows mixed short-term and positive medium-term trends:

Despite the recent daily decline, the stock has demonstrated strong momentum over the past quarter, reflecting investor confidence in the company's marine services operations and project execution capabilities.

Seamec Limited has informed stock exchanges about an upcoming media interview with NDTV Profit scheduled for December 30, 2025. The company's officials will participate in a virtual interview session as part of their investor outreach activities.

Interview Details

The media interaction is scheduled with specific timing and format parameters:

Regulatory Compliance

Seamec Limited has submitted this information to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI regulations. The notification was made pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has clarified that discussions during the interview will be based exclusively on publicly available information. This ensures compliance with disclosure norms and maintains transparency in communication with stakeholders.

Important Considerations

The company has indicated that the scheduled interview date is subject to potential changes. Any modifications to the timing may occur due to exigencies on the part of either the company or the media organization. This flexibility clause ensures that both parties can accommodate any unforeseen circumstances that might affect the scheduled interaction.

The notification was signed by S.N. Mohanty, President-Corporate Affairs, Legal and Company Secretary, demonstrating the company's commitment to proper regulatory compliance and stakeholder communication.