Deals31 Aug 2026, 05:41 pm
Seamec Ltd Amends Vessel MOA with HAL Offshore
AI Summary
Seamec Ltd has executed Addendum 1 and Addendum 2 to its Memorandum of Agreement (MOA) dated July 21, 2026, with HAL Offshore Limited concerning the purchase of the vessel "SEAMEC ANANT". Addendum 1 amends Schedule I related to delivery documents, while Addendum 2 revises the Notice of Readiness date to September 15, 2026, and the Cancelling Date to October 15, 2026. All other terms of the original MOA remain unchanged. This is a related party transaction that has been previously intimated to the exchange. The company has provided the requisite details as per SEBI regulations.
Key Highlights
- Seamec Ltd entered into addendums to a vessel purchase agreement.
- Addendums modify delivery documents and key dates for "SEAMEC ANANT".
- Notice of Readiness moved to Sept 15, 2026; Cancelling Date to Oct 15, 2026.
- Original MOA terms remain unchanged.
- This is a related party transaction.
Price Impact
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