SEAMEC Limited has announced the execution of an addendum for the additional deployment of its vessel 'SEAMEC PRINCESS', marking a continuation of its ongoing marine operations. The addendum was executed on February 25, 2026, with G R Infraprojects Limited, extending the vessel's operational scope under the existing contractual framework.

Contract Details and Parties

The addendum builds upon the original sub-contract agreement that was executed on December 10, 2025. This new arrangement allows for the additional deployment of the vessel to undertake specific portions of activities as outlined in the original agreement.

Operational Impact and Scope

The company has emphasized that this addendum represents a normal course of business operation with no material impact on its financial position. The additional deployment is designed to utilize the vessel's capabilities for specific activities that fall within the scope of the original sub-contract agreement.

Key aspects of the addendum include:

• Additional deployment of vessel 'SEAMEC PRINCESS'
• Undertaking specific portions of activities from the original agreement
• No change in overall scope of work
• No impact on income levels

Regulatory Compliance

SEAMEC Limited made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received intimation of the event on February 26, 2026, at 11:28 hours and promptly informed both BSE Limited and National Stock Exchange of India Limited.

Company Background

SEAMEC Limited operates as a marine engineering and construction company, providing specialized services in offshore and marine sectors. The company is a member of the MMG group and maintains its registered office in Mumbai. The vessel 'SEAMEC PRINCESS' represents part of the company's fleet deployed for various marine construction and engineering projects.

SEAMEC Limited has announced the completion of charter operations for its vessel SEAMEC Princess, marking the end of its engagement with Supreme Offshore Construction & Technical Services Limited. The disclosure was made to stock exchanges under regulatory compliance requirements.

Charter Completion Details

The vessel SEAMEC Princess was officially off-hired following the completion of its charter agreement. The company provided specific timing details for the operational conclusion.

Regulatory Compliance

SEAMEC Limited made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was communicated to both BSE Limited and National Stock Exchange of India Limited on February 19, 2026.

The company received the information internally on February 19, 2026, at 10:47 hours before making the formal disclosure to stock exchanges. This follows the company's previous intimation dated February 16, 2026, regarding the vessel's deployment status.

Company Background

SEAMEC Limited operates as part of the MMG Agarwal Group and maintains its registered office in Mumbai. The company holds multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, and is a contractor member of the International Marine Contractors Association (IMCA).