SEAMEC Limited secured a USD 5.21 million (approx. ₹50.02 Crore) charter hire contract from Lamprell Energy Limited. The 180-day agreement involves the barge 'SEAMEC GLORIOUS' supporting ONGC projects.
Seamec's subsidiary will sell the vessel 'SEAMEC GALLANT' for USD 9.5 million (Rs. 90.25 Crore). The transaction requires shareholder approval via special resolution.
Seamec Limited announced its vessel 'SAMUDRA PRABHA' is on hire effective July 11, 2026. This follows the successful completion of a DG Shipping inspection.
SEAMEC Limited successfully completed its pipeline replacement projects with G R Infraprojects Limited. The vessel SEAMEC III has been off-hired and is scheduled for drydocking.
Seamec Ltd announced its vessel 'SAMUDRA PRABHA' has been hired by ONGC effective May 30, 2026. This deployment marks a operational milestone for its fleet.
Seamec Limited announced that its vessel 'SEAMEC DIAMOND' resumed operations on May 27, 2026. The vessel was on-hired following the successful resolution of technical issues.
Seamec reported record FY26 revenue of ₹1,000cr (+47% YoY) and PAT of ₹253cr. Strategy focuses on expanding the niche Diving Support Vessel fleet and international footprint.
Seamec Limited's vessel 'SEAMEC DIAMOND' has been off-hired effective May 21, 2026, due to technical reasons. Operations will resume following redressal of the issues.
Seamec delivered record FY26 profits driven by high vessel utilization, though geopolitical risks in West Asia remain a critical bottleneck for specific asset deployment.
Seamec Ltd achieved record FY26 consolidated revenue of ₹1,000 cr, up 47% YoY. Performance driven by high vessel deployment and international subsidiary growth.
Seamec Limited re-appointed G.M. Kapadia & Co. as its Internal Auditor for a twelve-month term. This board-approved appointment ensures continued independent internal financial oversight.
Seamec Limited recommended a final dividend of ₹2 per equity share for FY 2025-26. The record date and general meeting schedule will be announced later.
Seamec Limited announced the cancelled deployment of vessel "SEAMEC PRINCESS" for Lamprell Energy due to bad weather. This non-commencement affects the current season's operational revenue.
Seamec Limited announced that 'SAMUDRA PRABHA' was off hired effective May 12, 2026. This termination is due to operational reasons and impacts current vessel deployment.
Seamec Limited secured a ₹20.14 Crore charter contract from Lamprell Energy for vessel offshore activities. The 15-day charter includes an option for extension.
Seamec Ltd successfully completed the handover and takeover of vessel 'SAMUDRA PRABHA' on May 8, 2026. The vessel is now delivered for contract execution.
SEAMEC LIMITED submitted its initial disclosure for FY 2026, confirming it does not fall under the 'Large Corporate' criteria. The company reported outstanding qualified borrowings of ₹254.24 Crore and a CRISIL A+/Watch Developing credit rating.
Seamec Limited, in consortium with Supreme Hydro Pvt Ltd, has executed a contract with ONGC for the operation and maintenance of the MSV 'Samudra Sevak'. The contract covers the 2026-2028 period. Terms remain unchanged from the previous notification of award.
Seamec Limited announced that its vessel 'SEAMEC SWORDFISH' has been put back on hire effective April 24, 2026, at 07:16 hrs. This follows the successful redressal of a previously reported technical defect. The update ensures operational continuity for the vessel.
Seamec Limited signed a contract extension worth ₹0.65 Crore with Larsen & Toubro Limited for its vessel 'SEAMEC GLORIOUS'. The charter hire period is extended until May 15, 2026, with a further 15-day optional extension, ensuring continued vessel utilization and revenue visibility.
Seamec Limited has extended the charter hire for its vessel 'SEAMEC GLORIOUS' with Larsen & Toubro Limited until May 15, 2026. The contract extension is valued at ₹6.54 Crore, excluding GST. The agreement includes an option for a further 15-day extension on a day-to-day basis.
SEAMEC Limited reported technical downtime for its vessel 'SEAMEC SWORDFISH' effective April 23, 2026. The company is currently redressing the technical issue on priority and will provide updates upon rectification and resumption of operations. This operational halt may temporarily impact vessel availability and revenue visibility.
Seamec Limited announced that its vessel 'SEAMEC PRINCESS' successfully completed its assigned job scope on April 21, 2026. This follows a prior update from April 1, 2026, regarding the vessel's deployment status.
Seamec Limited announced that its vessel 'SEAMEC AGASTYA' has returned to the field and was put back on hire effective April 21, 2026. This follows the completion of technical redressal for the vessel. The return to service restores the company's operational capacity and revenue-generating potential.