Seamec Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SEAMECLTD · price

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Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹863.00

prior close

₹856.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-2.5% vs market

Shipping peers, median of 7sector-0.3%-1.7% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.7 pts less than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.6

15m

+0.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0+0.5-2.5-0.3-1.7

Next day

-2.1+0.9-2.9-0.6-1.5

-2.6+0.4-3.0-1.5-1.1

-3.2+0.5-3.7-2.1-1.2

-3.0+1.7-4.7-2.2-0.7

-1.0+2.2-3.2-1.4+0.4

-0.6+1.9-2.5-2.3+1.7

15d

-7.4-0.1-7.3-4.6-2.8

-7.3-4.2-3.1-10.3+3.0

+7.0-1.8+8.8-8.5+15.5

+0.2-3.2+3.4-4.0+4.2

UpDownMarket · Nifty Microcap 250Sector · Shipping peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Seamec Limited has received a Notification of Award (NOA) from Oil and Natural Gas Corporation Limited (ONGC) for repair and replacement of Spider Deck Members of Platform NLM9 in the Western Offshore region. The total contract value is Rs. 39.20 crore inclusive of GST and other taxes (lumpsum). The work is to be completed within 90 days, commencing around October 16, 2025. The contract is domestic, awarded in the normal course of business, and is not a related party transaction.

Likely market impact

This is a positive order win for Seamec, adding a Rs. 39.20 crore contract from a government-owned major client (ONGC) to its order book. Successful execution within the 90-day window should contribute meaningfully to the company's revenue and profitability in the current financial year, and reinforces its position in the offshore oil & gas services segment.