SEAMEC Limited has announced that its vessel SEAMEC II has successfully completed its mandatory regulatory Flag State Inspection and returned to field operations. The company disclosed this positive development to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Vessel Return to Operations

The offshore services company provided specific details regarding the vessel's return to operational status:

Inspection Timeline

The vessel had previously gone offhire on February 25, 2026 at 13:00 hours for the mandatory regulatory Flag State Inspection. The successful completion of this inspection within the expected timeframe demonstrates SEAMEC's operational efficiency and regulatory compliance.

Contract Operations with ONGC

The vessel SEAMEC II has now resumed its contract operations with Oil and Natural Gas Corporation (ONGC). This return to active service ensures continuity in the company's offshore services delivery and maintains its contractual commitments with the national oil company.

Regulatory Compliance

This disclosure follows the company's earlier communication referenced as SEAMEC/BSE&NSE/SMO/OFFHIRESEAMECII/2502/2026 dated February 25, 2026. The successful completion of the Flag State Inspection reinforces SEAMEC's commitment to maintaining the highest safety and regulatory standards for its offshore vessel operations.

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.