SEAMEC Limited has signed a Memorandum of Understanding (MoU) with the Directorate General of Shipping (DGS) during India Maritime Week 2025, outlining plans to invest around ₹1,000 crore in its maritime business. The agreement was signed on October 28, 2025, and announced through filings to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
MoU Details
The MoU formalises SEAMEC’s commitment to progressively invest in its existing business operations over the coming years. According to the exchange filing, the investment will be carried out in phased implementation, focusing on strengthening SEAMEC’s capabilities within the maritime sector.
About the Event
The signing took place during India Maritime Week 2025, a national platform that brings together government agencies, private enterprises, and maritime institutions to discuss sectoral developments and growth opportunities. SEAMEC’s participation in the event underscores its continued engagement with India’s maritime initiatives.
Company Background
SEAMEC Limited, part of the MM Group, provides a wide range of offshore and marine services, including vessel management and offshore support operations. The company’s registered office is located in Mumbai, and all relevant corporate and contact details are available through its official exchange disclosures.
Investment Plan
The total proposed investment of ₹1,000 crore will be deployed within SEAMEC’s existing business areas, focusing on expanding and strengthening its offshore and maritime operations. Specific details regarding project allocation or timelines have not yet been disclosed.
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