Seamec Limited has successfully secured an extension contract worth ₹6,54,07,500 with Larsen & Toubro Limited for the charter hire of its vessel, SEAMEC GLORIOUS. The extension, executed on 23rd April 2026, will see the vessel’s charter period extended until 15th May 2026, with an option for a day-to-day extension for an additional 15 days at the discretion of the charterer.
This extension follows previous agreements dated October 15, 2025, and November 14, 2025, and is part of the normal course of business for Seamec. The contract value is exclusive of GST, and the details of the addendum have been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The extension of the charter hire period for SEAMEC GLORIOUS highlights Seamec’s ongoing relationship with Larsen & Toubro, underscoring the vessel’s continued operational demand. The agreement ensures that Seamec maintains its service provision to Larsen & Toubro, a significant player in the engineering and construction sector.
The receipt of this information was officially recorded on April 24, 2026, at 11:02 hours. The company has requested that these details be duly noted and recorded by the stock exchanges.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Kinjal and reviewed by Aditya Bhagchandani before publication.