Seamec Share News - Latest Updates, Live News & More

More news about Seamec

Seamec schedules analyst meet on September 10, 2026

Seamec schedules analyst/investor meet on September 10, 2026. Session runs from 12:00 pm to 4:00 pm. Disclosed under Regulation 30(6) of SEBI Listing Regulations. Discussions limited to publicly available information.

02Sept 26

Seamec seeks shareholder nod for USD 65mn HAL deal cap at AGM

Seamec holds 39th AGM on September 25, 2026, via VC/OAVM. Proposes raising HAL Offshore transaction cap to USD 65 million annually. Declares final dividend of ₹2 per equity share for FY26. Re-appoints Naveen Mohta as WTD with ₹1.24 crore annual remuneration. Appoints Dr. Rajesh Kumar Yaduvanshi as Independent Director.

31Aug 26

SEAMEC management to speak at Anand Rathi G-200 Summit in Mumbai

SEAMEC management to attend Anand Rathi G-200 Summit on September 22, 2026. Event held at Taj Santacruz, Mumbai from 9:00 am to 6:00 pm. Intimation issued on August 31, 2026 under SEBI Regulation 30(6). No UPSI will be shared during investor interactions.

31Aug 26

SEAMEC Ltd extends vessel purchase timeline with HAL Offshore

SEAMEC Limited executed addendums to its vessel purchase deal with HAL Offshore Limited. The Notice of Readiness for the SEAMEC ANANT is now set for September 15, 2026. The Cancelling Date has been extended to October 15, 2026. Addendum 1 revises the document delivery schedule for the transaction. The company reported no financial impact from these contractual changes.

17Aug 26

Seamec releases Q1FY27 earnings call transcript; revenue up 41% to ₹297 crore

Seamec Limited released the transcript of its Q1FY27 earnings call, reporting consolidated revenue of ₹297 crore, up 41% YoY. Consolidated PAT rose to ₹81 crore from ₹76 crore. Management highlighted strong fleet utilization, the resumption of operations for the *Paladin* vessel, and the pending acquisition of *Seamec ANANT* for $70 million. The company maintains a guidance of 40-42% EBITDA margins, driven by a mix of long-term IMR and seasonal EPC contracts.

17Aug 26

Seamec shareholders approve sale of SEAMEC Gallant vessel

Seamec Limited shareholders approved the sale of the SEAMEC Gallant vessel through a postal ballot that concluded on August 15, 2026. The special resolution, which allows for the disposal of assets exceeding 20% of the material subsidiary's total assets, passed with 93.87% of votes in favour. The scrutinizer's report was countersigned on August 17, 2026.

17Aug 26

Seamec shareholders approve sale of material subsidiary assets

Seamec Limited shareholders approved a special resolution for the sale or lease of assets exceeding 20% of its material subsidiary's value. The vote concluded on August 15, 2026, with 93.87% support. Promoters voted unanimously in favor, while public institutions largely opposed the move, highlighting a divergence in stakeholder views on the strategic restructuring.

15Aug 26

SEAMEC Ltd barge SEAMEC GLORIOUS completes statutory drydocking

SEAMEC Ltd reported the completion of statutory drydocking for barge SEAMEC GLORIOUS on August 14, 2026. The disclosure under SEBI Regulation 30 confirms the vessel is ready for future deployment, with no further operational details provided at this stage.

15Aug 26

Seamec revenue up 37% in Q1FY27 to ₹3,169 crore; profit rises 7%

Seamec Ltd posted a 37% YoY rise in consolidated revenue to ₹3,169 crore in Q1FY27. Net profit grew 7% to ₹813 crore. Standalone revenue was ₹3,024 crore, up 36%. Pre-tax profit growth outpaced post-tax growth, indicating potential tax headwinds.

13Aug 26

SEAMEC co-chairman expects continuous offshore demand on energy security push

SEAMEC's co-chairman expects continuous offshore demand, citing India's energy security emphasis, OALP bidding rounds, and new hydrocarbon discoveries as the key drivers sustaining activity in the offshore services segment.

03Aug 26

SEAMEC Ltd off-hires vessel SEAMEC SWORDFISH for maintenance

SEAMEC Limited off-hired vessel SEAMEC SWORDFISH on July 30, 2026, for planned maintenance. The disclosure was made under SEBI Regulation 30 on August 03, 2026. Resumption details will be provided later.

23Jul 26

SEAMEC Ltd enters into RPT with HAL Offshore for diving services worth USD 9.42 million

SEAMEC Limited entered into a diving agreement with HAL Offshore Limited on July 23, 2026, for availing diving subsea services on the ONGC vessel Samudra Prabha. The contract, valued at approximately USD 9.42 million exclusive of GST, is a related party transaction conducted at arm's length. HAL Offshore Limited, the promoter holding 70.77% stake in SEAMEC, provides these services in the normal course of business.

22Jul 26

SEAMEC enters MOA to purchase vessel SEAMEC ANANT from HAL Offshore for USD 70 million

SEAMEC Limited has signed an MOA with HAL Offshore Limited to acquire the vessel SEAMEC ANANT for USD 70 million, with delivery expected around August 31, 2026. The transaction is a related party deal conducted at arm's length.

18Jul 26

SEAMEC vessel SAMUDRA SEVAK off hire due to technical issue

SEAMEC Limited reported that its vessel 'SAMUDRA SEVAK' is off hire from July 18, 2026, due to a technical issue requiring emergency docking. The disclosure was made to the exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015.

18Jul 26

SEAMEC Ltd seeks postal ballot approval to sell vessel for USD 9.5 million

SEAMEC Limited has initiated a postal ballot process to seek shareholder approval for the sale of the vessel SEAMEC GALLANT, owned by its wholly owned subsidiary SEAMEC International FZE, to Bo Yuan Han Limited for USD 9.5 million. The transaction requires a Special Resolution as the asset exceeds 20% of the material subsidiary's total assets. The remote e-voting period is open from July 17, 2026, to August 15, 2026, with results expected on or before August 18, 2026.

16Jul 26

SEAMEC Ltd secures USD 5.21 million charter contract from Lamprell Energy

SEAMEC Ltd has entered into a Bimco Charter Party with Lamprell Energy Limited worth USD 5.21 million for the barge SEAMEC GLORIOUS. The firm period is 180 days with an option for extension, commencing between October 15 and October 31, 2026. The project supports Oil and Natural Gas Corporation Limited operations in the Mumbai High and West Coast Offshore regions.

16Jul 26

SEAMEC vessel SEAMEC PALADIN resumes ONGC charter

SEAMEC Limited's vessel SEAMEC PALADIN resumed operations on July 15, 2026, at 06:10 hrs to resume its long-term charter with ONGC following the completion of regulatory formalities. The company received confirmation of the on-hire status at 08:11 hours on the same day. S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary, signed the official disclosure.

11Jul 26

SEAMEC vessel Samudra Prabha resumes ops after DG Shipping inspection

SEAMEC Limited's vessel Samudra Prabha was off hired on July 9, 2026, for a DG Shipping inspection and resumed operations on July 11, 2026, at 09:10 hrs. The company disclosed the deployment status updates to the exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.

03Jul 26

SEAMEC PALADIN arrives in India, to resume ONGC charter

SEAMEC Ltd reported that its vessel SEAMEC PALADIN arrived in India on July 02, 2026, following a delay in Dubai caused by a geopolitical situation after dry docking. The vessel is set to resume its Long Term Charter with ONGC in approximately 15 days after completing necessary formalities.

23Jun 26

SEAMEC Ltd vessel SEAMEC AGASTYA resumes operations

SEAMEC Ltd disclosed that its vessel SEAMEC AGASTYA returned to the field and was on hire starting June 23, 2026, at 00:30 hrs. The update follows technical redressal work and was submitted to exchanges under SEBI regulations.

20Jun 26

SEAMEC Ltd to host analyst meet on Jun 24, 2026

SEAMEC Ltd announced it will hold meetings with analysts and institutional investors on June 24 and June 25, 2026. The sessions will cover publicly available information and are subject to change due to exigencies.

16Jun 26

SEAMEC vessel SEAMEC AGASTYA off hired due to technical defect

SEAMEC Limited disclosed that its vessel SEAMEC AGASTYA has been off hired effective June 15, 2026, due to a technical defect. The announcement was made to stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company stated it would inform the exchanges once the defect is resolved.

09Jun 26

Seamec management to attend Choice Virtual Conference on June 11

Seamec Limited management will participate in the InsightX 2026 Choice Virtual Conference organized by Choice Institutional Equities on June 11, 2026, at 01:00 pm IST. The virtual group meeting will cover generally available information and is not related to any Unpublished Price Sensitive Information.

02Jun 26

Seamec executes O&M contract with ONGC for MSV Samudra Prabha

Seamec Limited and Supreme Hydro Pvt Ltd have executed the contract with ONGC for the hiring of Operation & Maintenance services for MSV Samudra Prabha for 2026-2028. The vessel commenced operations on May 31, 2026, following successful trials, under the terms of the consortium agreement.

01Jun 26

SEAMEC III completes pipeline projects, enters drydocking

SEAMEC Limited disclosed that its vessel SEAMEC III completed the second Part Replacement Pipeline Project, PRP-VIII A, and DSF II Project for G R Infraprojects Limited. The vessel off-hired on May 31, 2026, at 15:00 hrs and is scheduled for drydocking in the first week of June 2026.

30May 26

SEAMEC GLORIOUS arrives at Pipava Yard for statutory drydocking

SEAMEC Limited disclosed that its barge SEAMEC GLORIOUS arrived at Pipava Yard on May 29, 2026, at 08:15 hrs for scheduled statutory drydocking at SWAN Defence and Heavy Industries Limited. The company confirmed the vessel will return to Mumbai after the process and will update the exchanges in due course.

30May 26

SEAMEC vessel SEAMEC SWORDFISH resumes operations

SEAMEC Limited announced that its vessel SEAMEC SWORDFISH resumed operations on May 29, 2026, following the rectification of a technical defect. The vessel is back on-hire as of 13:34 hrs KSA time (16:04 hrs IST), as disclosed under Regulation 30 of the SEBI (LODR) Regulations, 2015.

28May 26

Seamec Limited schedules analyst meetings for June 04-05, 2026

Seamec Limited has announced in-person meetings with analysts and institutional investors on June 04 and June 05, 2026, from 11:00 a.m. to 6:00 p.m. The discussions will be based on publicly available information, and the schedule is subject to change due to exigencies.

28May 26

Seamec vessel SEAMEC DIAMOND resumes operations after technical issue

Seamec Limited announced that its vessel SEAMEC DIAMOND resumed operations on May 27, 2026, at 13:54, following the resolution of a technical issue that had taken it off hire on May 21, 2026. The company disclosed this information to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

28May 26

Seamec vessel completes second season for pipeline and development projects

Seamec Limited announced that its vessel SEAMEC PRINCESS successfully completed the second season of deployment for the Pipeline Replacement Project VIII (PRP-VIII Gr. B) and the Daman Upside Development Project (DUDP) on May 26, 2026. The company disclosed this information to the stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.

28May 26

SEAMEC FY26 PAT jumps 188%; revenue grows 46%

SEAMEC Limited reported its highest-ever annual revenue and profitability in FY26, driven by strong operational execution and higher fleet deployment. Consolidated PAT for FY26 jumped 188% YoY to ₹253.52 crore, while revenue grew 46% to ₹952.46 crore. The Board recommended a dividend of ₹2 per share.

23May 26

Seamec off-hires Barge SEAMEC GLORIOUS after charter ends

Seamec Limited has off-hired Barge SEAMEC GLORIOUS effective May 22, 2026, at 00:00 hrs, following the completion of a charter with Larsen & Toubro Limited. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

15May 26

SEAMEC Limited Schedules Q4 FY2025-26 Earnings Call for May 19, 2026

SEAMEC Limited, a member of the MMG Group, has announced its Q4 FY2025-26 earnings call for May 19, 2026, at 4:00 PM IST, arranged by Arihant Capital Markets Ltd. Senior management including the Whole Time Director, CFO, and VP of Strategy and Investor Relations will participate. The filing, made under Regulation 30 of SEBI Listing Regulations, confirms no UPSI will be shared during the interaction.

14May 26

SEAMEC's Samudra Prabha Off-Hired on May 12, 2026, Due to Operational Reasons

SEAMEC Limited filed a Regulation 30 disclosure informing exchanges that vessel Samudra Prabha has been off-hired effective May 12, 2026, at 17:30 hrs due to operational reasons. This follows the earlier HOTO completion on May 8, 2026. The disclosure was signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary.

12May 26

Seamec Signs Charter Party with Lamprell Energy for Vessel 'Seamec Princess' Worth Around USD 2.12 Million

Seamec has entered into a charter party agreement with M/s. Lamprell Energy Limited, Dubai, for vessel Seamec Princess, valued at approximately USD 2.12 million exclusive of GST, for a firm period of 15 days with an extension option. The vessel will undertake offshore activities for Oil and Natural Gas Corporation at the West Coast Oilfield of India, including the Daman Field, as disclosed under SEBI Regulation 30 on May 12, 2026.

29Apr 26

Seamec Executes ONGC Contract for MSV Samudra Sevak Operations 2026-2028

Seamec Limited has formally executed a contract with Oil and Natural Gas Corporation Limited for operation and maintenance services of MSV Samudra Sevak through a consortium with Supreme Hydro Private Limited. The three-year contract covering 2026-2028 was officially disclosed to stock exchanges under SEBI regulations, with all original terms and conditions remaining unchanged from the notification of award.

27Apr 26

SEAMEC SWORDFISH Vessel Goes Off-Hire Due to Technical Issues on April 23, 2026

SEAMEC Limited has informed stock exchanges that its vessel SEAMEC SWORDFISH went off-hire on April 23, 2026 at 18:56 hrs due to technical issues. The company filed the disclosure under SEBI Regulation 30, with S.N. Mohanty digitally signing the notification on April 24, 2026. SEAMEC assured that rectification is being addressed on priority basis.

25Apr 26

SEAMEC Extends Charter Agreement for SEAMEC Glorious Vessel with L&T Until May 2026

SEAMEC Limited has extended its charter agreement with Larsen & Toubro for the SEAMEC GLORIOUS vessel until May 2026, worth Rs. 6.54 crore. The addendum includes flexible extension options and demonstrates continued partnership strength in marine operations.

21Apr 26

SEAMEC Vessel Seamec Agastya Returns to Service After Technical Repairs

SEAMEC has successfully brought its vessel Seamec Agastya back into service following the completion of technical repairs. The company has simultaneously restarted hiring activities for the vessel, indicating restored operational capacity and confidence in the vessel's performance capabilities.

11Apr 26

SEAMEC Diamond Vessel Returns to Field Operations with ONGC After Drydocking

SEAMEC Limited announced that its vessel SEAMEC DIAMOND has returned to field operations with ONGC after completing statutory drydocking. The vessel was on-hired on April 10, 2026, at 21:36 hours, resuming its contract operations. This follows the company's February 18, 2026 communication about the vessel's off-hire status for maintenance, marking a positive operational milestone.

09Apr 26

SEAMEC Limited Takes Vessel SEAMEC AGASTYA Out of Field for Technical Reasons

SEAMEC Limited has temporarily taken its vessel SEAMEC AGASTYA out of field for technical reasons effective April 09, 2026 at 08:30 hrs. The company disclosed this information to stock exchanges under Regulation 30 of SEBI regulations and stated it will update once the technical defect is resolved.

07Apr 26

SEAMEC Limited Submits Q4 FY26 Compliance Certificate Under SEBI Regulation 74(5)

SEAMEC Limited filed its Q4 FY26 compliance certificate under SEBI Regulation 74(5) with BSE and NSE on April 7, 2026. The certificate from MCS Share Transfer Agent Limited confirms proper processing of dematerialisation requests during the quarter ended March 31, 2026, including timely confirmation to depositories and compliance with security certificate handling procedures within regulatory timelines.

01Apr 26

SEAMEC Limited Receives CRISIL A1/Watch Developing Short-Term Rating for ₹533 Crore Bank Facilities

SEAMEC Limited announced CRISIL's assignment of short-term A1/Watch Developing rating for its ₹533 crore bank facilities, adding to existing long-term A+/Watch Developing rating. The disclosure was made in compliance with SEBI regulations, with both ratings continuing under 'Rating Watch with Developing Implications' status indicating ongoing credit profile evaluation.

01Apr 26

SEAMEC Limited Enters USD 37,000 Per Day Vessel Charter Agreement for ONGC Pipeline Projects

SEAMEC Limited has entered into Addendum 02 with Posh India Offshore Private Limited for charter hire of vessel SEAMEC PRINCESS at USD 37,000 per day exclusive of GST. The agreement, executed on April 01, 2026, involves deployment for concrete mattress installation in ONGC's Pipeline Replacement Project VIII and Daman Upside Development Project. This ordinary course business transaction carries no related party implications and demonstrates SEAMEC's continued involvement in India's offshore oil and gas infrastructure development.

30Mar 26

SEAMEC Limited Announces Successful Deployment of Vessel 'SAMUDRA SEVAK' on Hire

SEAMEC Limited has successfully deployed its vessel 'SAMUDRA SEVAK' on hire, as announced in a regulatory filing dated March 30, 2026. The company received confirmation of the hire status on March 29, 2026 at 02:21 hours, following an earlier intimation from March 13, 2026. This operational milestone represents positive business development for the offshore marine services provider.

27Mar 26

SEAMEC: Bags ₹330 Crore ONGC Contract For Samudra Prabha O&M Services

SEAMEC Limited has won a significant Operation & Maintenance services contract worth Rs 329.92 crores from ONGC for the MSV Samudra Prabha vessel. The 698-day contract, executed in partnership with Supreme Hydro Pvt Ltd, will run from 2026-2028 and represents a major business development that strengthens the company's position in the offshore services sector.

13Mar 26

SEAMEC Wins ₹410.74 Crore ONGC Contract for Samudra Sevak Operations

SEAMEC Limited has won a major ₹410.74 crore contract from ONGC for Operation & Maintenance services of MSV Samudra Sevak vessel. The contract, awarded to a consortium of SEAMEC and Supreme Hydro Pvt Ltd, spans 738 days from 2026-2028 and will commence within 60 days of the March 13, 2026 NOA date, significantly boosting SEAMEC's offshore services portfolio.

01Mar 26

SEAMEC II Vessel Returns to Field Operations After Completing Flag State Inspection

SEAMEC Limited has successfully completed the regulatory Flag State Inspection for vessel SEAMEC II, which returned to field operations on March 01, 2026. The vessel, which went offhire on February 25, 2026, has now resumed its contract operations with ONGC, demonstrating efficient turnaround time and regulatory compliance.

26Feb 26

SEAMEC Limited Executes Addendum for Additional Deployment of Vessel 'SEAMEC PRINCESS'

SEAMEC Limited executed an addendum on February 25, 2026, for additional deployment of vessel 'SEAMEC PRINCESS' with G R Infraprojects Limited. The addendum extends the original sub-contract agreement dated December 10, 2025, allowing the vessel to undertake specific activities with no change in overall scope or income. This disclosure was made under SEBI regulations as part of normal business operations.

19Feb 26

SEAMEC Limited Announces Off-Hire of Vessel SEAMEC Princess Following Charter Completion

SEAMEC Limited announced the off-hire of vessel SEAMEC Princess on February 18, 2026, at 21:30 hours following completion of its charter with Supreme Offshore Construction & Technical Services Limited. The company disclosed this information to stock exchanges under SEBI Regulation 30 compliance requirements on February 19, 2026.

18Feb 26

SEAMEC Limited's SEAMEC DIAMOND Vessel Temporarily Off-Hired from ONGC Contract for Statutory Drydocking

SEAMEC Limited announced that its vessel SEAMEC DIAMOND was off-hired from ONGC contract on February 18, 2026 at 01:30 hours for statutory drydocking. The company disclosed this under SEBI Regulation 30, confirming the vessel will resume operations post-maintenance completion.

16Feb 26

SEAMEC Limited Secures USD 460,000 Vessel Charter Contract with Supreme Offshore Construction

SEAMEC Limited has secured a vessel charter contract worth USD 460,000 with Supreme Offshore Construction & Technical Services Limited for its vessel 'SEAMEC PRINCESS'. The approximately 4-day charter involves SAT diving and air diving operations in ONGC oilfields on India's west coast, with extension options available. The contract commenced on February 14, 2026, and represents normal course business operations with no related party involvement.

02Feb 26

SEAMEC Limited Makes Q3FY26 Earnings Call Audio Recording Available Online

SEAMEC Limited reported outstanding Q3FY26 results with ₹996 crore net profit versus previous year's loss, and has now made the earnings call audio recording from February 2, 2026 available online, showcasing the company's commitment to transparency and regulatory compliance under SEBI guidelines.

19Jan 26

SEAMEC Vessel Paladin Proceeds to Dubai for Scheduled Maintenance Before Rejoining ONGC Charter

SEAMEC's vessel Paladin is heading to Dubai for scheduled maintenance work and will return to ONGC charter operations afterward. This routine maintenance activity ensures the vessel remains in optimal condition for continued service delivery.

13Jan 26

SEAMEC Limited Takes Vessel SEAMEC AGASTYA Off Field for Technical Maintenance

SEAMEC Limited has temporarily taken its vessel SEAMEC AGASTYA out of field operations due to technical reasons, effective January 12, 2026, at 15:00 hours. The company expects the vessel to resume operations within 3-4 days after completing necessary repairs. This disclosure was made under SEBI Regulation 30, with the company receiving the operational update on January 13, 2026.

12Jan 26

SEAMEC Limited Takes SEAMEC PALADIN Vessel Off-Hire for Statutory Drydocking Operations

SEAMEC Limited has temporarily taken its vessel SEAMEC PALADIN off-hire from January 10, 2026, for statutory drydocking operations expected to last around 70 days. The company informed stock exchanges BSE and NSE about this operational update under Regulation 30 compliance requirements on January 12, 2026.

08Jan 26

SEAMEC Limited Resolves Legal Dispute Through Settlement, Court Disposes Petition

SEAMEC Limited has successfully resolved its legal dispute with Asian Energy Services Limited through mutual settlement, leading to the disposal of its Section 9 petition by the Bombay High Court on January 07, 2026. The original dispute involved a claim of INR 24.52 crores for overdue charter hire dues related to Vessel Seamec III, and the settlement has no material impact on the company's financial position.

03Jan 26

SEAMEC Limited's Vessel AGASTYA Commences Charter Operations with HAL Offshore

SEAMEC Limited announced that its vessel SEAMEC AGASTYA has commenced charter operations with HAL Offshore Limited under an ONGC contract, effective January 2, 2026, at 22:00 hours. The company disclosed this operational milestone under SEBI regulations, following previous communications about the vessel's deployment status in December 2025.

25Dec 25

SEAMEC III Begins Second Pipeline Replacement Phase for ONGC

Seamec's vessel SEAMEC III has begun its second Part Replacement Pipeline Project for ONGC, including Pipeline Replacement Project – Group A (PRP-VIII A) and DSF II Project. The company recently awarded a diving services contract to Adsun Offshore for this vessel. Seamec operates in offshore support services and bulk carrier charter business, with a fleet of 6 vessels and 1 barge deployed in domestic and international markets.

24Dec 25

Seamec Limited Officials to Participate in NDTV Profit Interview on December 30, 2025

Seamec Limited has announced that its officials will participate in a virtual interview with NDTV Profit on December 30, 2025, from 1:30 PM to 1:40 PM. The company has informed stock exchanges about this media interaction in compliance with SEBI listing regulations. The discussions will be based on publicly available information, and the interview date remains subject to potential changes due to operational exigencies.

19Dec 25

SEAMEC Closes Arbitration Cases with Maria Offshore International and Jumbo Offshore

Seamec Limited has successfully closed arbitration cases involving Maria Offshore International and Jumbo Offshore. This resolution marks a significant development for the offshore services company, eliminating potential legal uncertainties and allowing Seamec to focus on its core operations without the burden of ongoing legal proceedings.

19Dec 25

SEAMEC Closes Arbitration with Jumbo Offshore, Signs Additional Consent Terms

SEAMEC Limited announced the closure of arbitration proceedings with Jumbo Offshore Enterprises and signed additional consent terms with Maria Offshore International LLP for technical reasons. While the arbitration phase has concluded, legal proceedings continue in Gujarat High Court regarding the vessel 'Tug Maria' arrest case, with no material impact on the company's financial position.

18Dec 25

SEAMEC Awards Contract Worth Approximately USD 3.25 Million To Adsun Offshore

Seamec Limited has awarded a USD 3.25 million contract to Adsun Offshore Diving Contractors for comprehensive diving services across multiple ONGC projects during the 2025-26 working season. The contract covers specialized underwater operations including riser surveys, installations, and pipeline-related services across three distinct ONGC projects, strengthening Seamec's position in the offshore marine services sector.

16Dec 25

SEAMEC Completes ₹61.13 Crore Charter Contract for Vessel SEAMEC III

SEAMEC Limited has successfully completed its significant charter contract worth ₹61.13 crores with A.D. Engineers & Contractors LLP. The vessel SEAMEC III, which was deployed for ONGC oilfield operations on India's West Coast focusing on Saturation and Air Diving services, completed its 70-day charter period and was off-hired on December 16, 2025. This successful project completion reinforces Seamec's operational capabilities and market position in the offshore services sector.

11Dec 25

Seamec Secures USD 16.72 Million Vessel Charter Agreement with G R Infraprojects

Seamec Limited announced a major subcontract agreement worth USD 16.72 million with G R Infraprojects Limited for charter hire of vessel 'Seamec III' over 150 days. The project involves second season subsea installation and diving operations for ONGC's Part Replacement Pipeline Project, PRP-VIIIA, and DSF II Project, representing significant revenue visibility in the offshore energy sector.

24Nov 25

Seamec Limited's HAL Vessel MV GOODMAN Returns to Service After Repairs

Seamec Limited's HAL vessel, MV GOODMAN, has resumed operations on November 22, 2025, at 14:00 hours after being off-hire since November 18, 2025, due to a technical snag. The necessary repairs were completed, allowing the vessel to return to revenue-generating status without disrupting ongoing project schedules.

17Nov 25

Seamec Limited Reports Q2FY26 Loss Amid Vessel Breakdown, Secures New Contracts

Seamec Limited reported a consolidated loss of INR 26.00 crores in Q2FY26, compared to a profit of INR 0.20 crores in Q2FY25. The loss was primarily due to technical issues with the vessel SWORDFISH, which operated for only 22 days during the quarter. Consolidated revenue decreased by 3% to INR 108.00 crores. Despite the setback, the company secured new contracts, including a 150-day contract with L&T and a four-year contract with ONGC for the vessel Anant. Seamec also signed an MoU with the Directorate General of Shipping for a maritime investment of INR 1,000.00 crores. The company remains optimistic about future growth, planning fleet expansion and exploring opportunities in the Northern Europe offshore market.

11Nov 25

SEAMEC Limited Reports Q2FY26 Revenue Decline and Net Loss

SEAMEC Limited reported a 10% YoY revenue decline to ₹91.40 crore in Q2FY26, with a net loss of ₹25.80 crore. EBITDA dropped to ₹9.20 crore from ₹36.60 crore last year. Half-year results show 2% revenue growth to ₹314.30 crore and 1% PAT increase to ₹54.50 crore. Revenue decline attributed to dry docking of SEAMEC III and lower deployment due to monsoon. Company signed MOU with Directorate General of Shipping for ₹1,000.00 crore capex, entered charter hire agreements, and acquired new vessel SEAMEC Agastya.

10Nov 25

Seamec Charts Course for Growth with Fleet Modernization and Subsea Expansion

Seamec Limited has announced a strategic roadmap for sustained growth, centered on fleet modernization and expansion into new market segments. The plan includes significant capital expenditure for upgrading its fleet of six Diving Support Vessels, one Offshore Support Vessel, and one accommodation barge. Seamec aims to expand into energy infrastructure and deepwater projects, enhance subsea capabilities, improve operational efficiency, and secure long-term charter contracts. This strategy is expected to strengthen the company's global competitiveness in the offshore services sector, although it may impact short-term financials due to capital expenditure.

03Nov 25

Seamec Limited's MV GOODMAN Commences Operations for ONGC's NLM9 Project

Seamec Limited has deployed its HAL vessel MV GOODMAN for Oil and Natural Gas Corporation's (ONGC) NLM9 project. The deployment began on November 1, 2025, at 23:00 hours. Seamec announced this operational update on November 3, 2025, in compliance with SEBI regulations, informing both BSE Limited and the National Stock Exchange of India Limited.

31Oct 25

Seamec Revises MV Goodman Vessel Delivery Timeline to November 1-7

Seamec Limited has modified the delivery schedule of its MV Goodman vessel through an addendum with HAL Offshore Limited. The new delivery window is set for November 1-7, 2025, slightly later than the previous October 16-31, 2025 timeframe. Despite this change, the charter terms, including the 45-day charter period and total value, remain unaltered. The company cited 'unavoidable circumstances' for the adjustment and has disclosed this related party transaction as per SEBI regulations.

31Oct 25

SEAMEC Limited Shareholders Approve Enhanced Transaction Limits with HAL Offshore

Seamec Limited has received overwhelming shareholder approval to increase transaction limits with its holding company, HAL Offshore Limited. The resolution, passed with 99.14% votes in favor, allows for enhanced monetary caps on charter hire of vessels, diving, and allied activities over the next 5 years. This decision is expected to boost Seamec's operational capabilities and financial flexibility in the offshore services sector.

28Oct 25

Seamec Limited Inks Rs 1000 Crore Investment MoU with Directorate General of Shipping

Seamec Limited has signed a Memorandum of Understanding (MoU) with the Directorate General of Shipping during India Maritime Week 2025. The agreement outlines an investment plan of approximately Rs 1000 crores to be made progressively in the future. The MoU was signed on October 28, 2025, at 09:30 hours, signaling a significant commitment to expand Seamec's operations in the maritime sector. This development has been disclosed to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

22Oct 25

SEAMEC Limited's Vessel 'SEAMEC SWORDFISH' Resumes Operations After Technical Issue

Seamec Limited announced that its vessel 'SEAMEC SWORDFISH' has resumed operations on October 22, 2025, at 07:29 hours, following the resolution of a technical defect. The vessel, which was previously off hire, is now operational and available for commercial use. This swift resolution demonstrates the company's efficiency in addressing operational challenges in the offshore oilfield services sector.

17Oct 25

SEAMEC Limited Reports Mixed Fleet Updates: SEAMEC SWORDFISH Breakdown and SEAMEC III Delivery

Seamec Limited announced a technical breakdown of its vessel 'SEAMEC SWORDFISH' on October 17, 2025. The company is addressing the issue on priority. Simultaneously, Seamec delivered another vessel, 'SEAMEC III', for charter operations expected to commence within two days. The breakdown may impact operations, while the new charter could help offset challenges.

15Oct 25

SEAMEC Limited Secures Rs 28.86 Crore Charter Contract with Larsen & Toubro

Seamec Limited has entered into a Bimco Charter Party agreement with Larsen & Toubro Limited for the charter hire of their barge 'SEAMEC GLORIOUS'. The contract, valued at Rs 28.86 crore (excluding GST), is for a firm period of 150 days with an extension option. The charter is scheduled to commence between October 1-30, 2025. The barge will be deployed for offshore accommodation and hook-up work in Mumbai High & West Coast Offshore, supporting an Oil and Natural Gas Corporation Limited (ONGC) project.

14Oct 25

SEAMEC Limited Secures Rs 6.3 Crore Vessel Charter Agreement with HAL Offshore

Seamec Limited has entered into a vessel charter agreement with HAL Offshore Limited for the MV GOODMAN. The contract, valued at Rs 6.30 crore, is for a firm period of 45 days with an option to extend for another 45 days. The vessel will be deployed for ONGC's Mumbai High Offshore Oil Field project, with operations set to commence between October 16-31, 2025. This agreement is a related party transaction, as HAL Offshore holds a 70.77% stake in Seamec, but is conducted at arm's length. The deal strengthens Seamec's position in the offshore services market and provides a significant revenue stream.

16Sept 25

SEAMEC Limited Expands ONGC Project Scope with USD 3.14 Million Addendum

Seamec Limited has signed an addendum with Posh India Offshore Private Limited, expanding their subcontract agreement for ONGC's Pipeline Replacement Project VIII and Daman Upside Development Project. The additional scope includes installation of riser clamps, bow string installation, and related works. The contract value for these services is approximately USD 3.14 million, exclusive of GST. This expansion reinforces Seamec's position in the offshore services sector and supports India's offshore oil and gas production capabilities.

15Sept 25

SEAMEC Limited's Vessel SEAMEC PRINCESS Begins Second Season of Offshore Projects

Seamec Limited announced that its vessel SEAMEC PRINCESS has started its second season of operations on two offshore projects: Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP). The vessel began work on September 13 at 1600 hours. This follows the initial deployment announced on June 18, indicating a phased approach to project execution. The company did not disclose financial implications of this deployment.

12Sept 25

SEAMEC Limited Expands Vessel Charter and Raises Related Party Transaction Limit

Seamec Limited's Board has approved chartering the 'MV Goodman' vessel from parent company HAL Offshore Limited for an ONGC project. The Board also proposed increasing the annual related party transaction limit with HAL Offshore from $30 million to $50 million, subject to shareholder approval via postal ballot. Additionally, Seamec's vessel 'SEAMEC SWORDFISH' has resumed its charter with Safeen Al Behar Limited after a brief downtime.

12Sept 25

SEAMEC Limited's Vessel SEAMEC SWORDFISH Resumes Charter Operations

Seamec Limited announced that its vessel SEAMEC SWORDFISH has resumed charter operations with Safeen Al Behar Limited on September 11, 2025, at 17:35 hours. This follows the rectification of a previously reported defect that had caused the vessel to go off-hire. The company had earlier informed stock exchanges about the vessel's suspension of operations on August 28, 2025. S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary of Seamec Limited, confirmed the development in a communication to the stock exchanges.

10Sept 25

SEAMEC Limited Deploys Vessel SEAMEC II for ONGC Contract

Seamec Limited has deployed its vessel SEAMEC II for a contract with Oil and Natural Gas Corporation (ONGC). The vessel commenced operations on September 9, 2025, at 19:00 hours after completing necessary customs clearances and statutory formalities. This deployment aligns with the company's previous announcement on August 21, 2025, and continues Seamec's ongoing operations with ONGC in the offshore services sector.

02Sept 25

SEAMEC Enters Arbitration with Jumbo Offshore Over Tug Maria Dispute

Seamec Limited is involved in arbitration with Jumbo Offshore Enterprises regarding the vessel 'Tug Maria'. The dispute concerns fuel supply payments and vessel arrest. Seamec claims to have paid the fuel supplier but faces reimbursement demands for a bank guarantee. Separately, CRISIL revised Seamec's credit rating to 'CRISIL A+/Watch Developing' from 'CRISIL A+/Stable' for bank facilities worth Rs. 383.00 crore, citing strong financials but noting modest operations scale and client concentration risks.

28Aug 25

SEAMEC Limited's Vessel 'SEAMEC SWORDFISH' Temporarily Off-Hired Due to Breakdown

Seamec Limited reported that its vessel 'SEAMEC SWORDFISH' was temporarily off-hired on August 28, 2025, due to a breakdown. The company is working to repair the vessel and return it to charter service. In a separate development, HAL Offshore Limited, a promoter of Seamec, acquired 45,000 equity shares, increasing its stake from 70.59% to 70.77%.

28Aug 25

HAL Offshore Boosts Stake in SEAMEC Limited with 45,000 Share Acquisition

HAL Offshore Limited, the promoter of Seamec Limited, has increased its shareholding in the company. On August 26, 2025, HAL Offshore acquired 45,000 additional equity shares through an open market purchase. This transaction increased HAL Offshore's stake from 70.59% (1,79,48,406 shares) to 70.77% (1,79,93,406 shares) of Seamec's total equity share capital. The disclosure was made in compliance with SEBI regulations.

26Aug 25

HAL Offshore Boosts Stake in SEAMEC Limited with Strategic Share Acquisition

HAL Offshore Limited, a key promoter of SEAMEC Limited, has increased its shareholding in the company through two strategic acquisitions in August. On August 25, HAL Offshore acquired 28,000 equity shares, increasing its stake from 70.48% to 70.59%. This followed a previous acquisition on August 22 of 30,712 shares, which had raised the stake from 70.36% to 70.48%. These moves have further solidified HAL Offshore's majority control over SEAMEC Limited. The transactions were reported in compliance with SEBI regulations, and SEAMEC's total equity share capital remains at 25,42,50,000 shares.

25Aug 25

HAL Offshore Boosts Stake in SEAMEC Limited to 70.48%

HAL Offshore Limited, the promoter of SEAMEC Limited, has increased its shareholding in the company. On August 22, 2025, HAL Offshore acquired 30,712 equity shares through open market transactions, raising its stake from 70.36% to 70.48%. The transaction was disclosed in compliance with SEBI regulations. SEAMEC Limited has a total equity share capital of 254,250,000 shares.

21Aug 25

SEAMEC's Vessel 'SEAMEC II' Returns to Mumbai After Statutory Drydocking

Seamec Limited announced the return of its vessel 'SEAMEC II' to Mumbai on August 20 after completing statutory drydocking. The vessel is preparing to resume operations under its contract with Oil and Natural Gas Corporation (ONGC), pending customs clearance and other formalities. This development is expected to contribute to Seamec's operational capacity and revenue generation.

18Aug 25

SEAMEC Limited Ousts CEO Rakesh Ayri Citing Non-Performance

Seamec Limited's Board of Directors has removed Rakesh Ayri from his position as CEO, effective August 19, 2025. The decision was made during a board meeting on August 18, 2025, based on a recommendation from the Nomination and Remuneration Committee. The reason cited for the removal was 'non-performance, as evaluated.' The company has informed stock exchanges of this development in compliance with SEBI regulations.

05Aug 25

SEAMEC Faces Potential Financial Penalties as HAL Offshore Terminates 'Sea Pearl' Vessel Agreement

HAL Offshore Limited has terminated its agreement with Seamec Limited for the charter hire of the vessel 'Sea Pearl'. The termination, effective from July 28, 2025, was due to Seamec's failure to deliver the vessel as per the MOU dated December 26, 2023. Seamec cited non-delivery by the vessel's owner as the reason for its inability to fulfill the agreement. This development may lead to financial repercussions for Seamec, including potential liquidated damages. The company has disclosed this information to stock exchanges in compliance with SEBI regulations.

05Aug 25

SEAMEC Faces Potential Damages as HAL Offshore Terminates Vessel Charter Agreement

HAL Offshore Limited has terminated a Memorandum of Understanding (MOU) with Seamec Limited for the charter hire of the vessel 'SEA PEARL', effective July 28, 2025. The termination, announced on August 5, 2025, was due to Seamec's failure to deliver the vessel, which was not delivered to Seamec by its owner. Seamec may face liquidated damages, though the amount is unspecified. This development could have significant financial implications for Seamec and may impact investor sentiment.

08Jul 25

SEAMEC Secures Lucrative Contract Worth ₹392 Million

Seamec Limited has secured a new contract valued at ₹392.00 million (₹39.20 crore). The company has not disclosed further details about the contract's nature, duration, or client. This significant contract could potentially boost SEAMEC's financial performance, reinforce its market position in the offshore services sector, and attract investor interest.

17Jun 25

SEAMEC's Joint Venture Acquires Vessel for $7.88 Million

SEARETE, a joint venture of SEAMEC, has purchased the vessel 'Chennai Valarchi' for $7.88 million. The company plans to deploy the vessel on a 42-month bareboat charter, indicating a strategy for long-term revenue generation. This acquisition expands SEAMEC's fleet capacity, potentially enhancing its operational flexibility and market position in the maritime services sector.

09Jun 25

Seamec Secures $2.16 Million Charter Contract for Vessel Seamec III

Seamec Limited has entered into a charter party agreement with Mubarak Bridge for its vessel Seamec III. The contract is valued at approximately USD 2.16 million (₹17.92 crore). This agreement highlights the ongoing demand for Seamec's offshore services and vessels in the maritime industry. The contract is expected to contribute to the company's revenue stream and operational stability, potentially enhancing its financial outlook in the near term.

06Jun 25

SEAMEC Secures $2.16 Million Charter Agreement for Vessel SEAMEC III

SEAMEC Limited has entered into a Charter Party Agreement with Mubarak Bridge for its vessel SEAMEC III. The contract is valued at USD 2.16 million (approximately ₹17.93 crore). This agreement strengthens SEAMEC's position in the offshore oilfield services sector and adds to its order book. The contract demonstrates continued demand for SEAMEC's services and vessels in the industry.