SEAMECLTD NSE filing

Seamec enters into charter hire contract with HAL Offshore for vessel 'SEAMEC AGASTYA'

The RealCase readMedium impact Neutral

Seamec enters into a charter hire contract with HAL Offshore for vessel 'SEAMEC AGASTYA' at US$ 25,000 per day for 4 years, valued at US$ 43.07 million (₹358.28 crore), effective December 4, 2025.

Why it matters

The contract represents a notable business activity and revenue stream for the company, given the size of the agreement (US$ 43.07 million (₹358.28 crore)), and the related party nature has disclosure implications.

The market read

The announcement is about a new contract, which is neither significantly positive nor negative on its own. It provides factual information about the agreement.

* Seamec Limited has entered into a contract with M/s. HAL Offshore Limited on December 4, 2025. * The contract is for charter hire of the Multi Support Vessel “SEAMEC AGASTYA (erstwhile NPP NUSANTARA)”. * The vessel will be deployed under an ongoing ONGC contract of HAL for 5 years, following the completion of its statutory dry dock. * The charter rate is US$ 25,000 per day for the balance period of 4 years. * The charter value is approximately US$ 43.07 million (₹358.28 crore) inclusive of GST. * This transaction is a related party transaction and is conducted at arm’s length and in the normal course of business. * Date of event occurrence: December 04, 2025, at 14:33 hours. * HAL Offshore Limited holds 70.77% of shareholding in SEAMEC Limited and is a promoter.

Filing to action

What to do with a filing like this

Seamec Limited filed this with the NSE as a statutory disclosure, categorised under related party transactions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Seamec Limited. Read the original for the full detail.

View original filing