Seamec Limited has informed the Exchange about General Update on the Deployment Status of Vessel "SEAMEC AGASTYA"
SEAMECLTD · price
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Awaiting price reaction for this filing.
Seamec Limited has informed exchanges that its vessel 'SEAMEC AGASTYA' has commenced its charter with HAL Offshore Limited under an ongoing contract for ONGC, effective from January 2, 2026 at 22:00 hrs. This update follows earlier communications in December 2025 regarding the vessel's deployment. The charter with HAL Offshore marks the operational start of the vessel under the ONGC contract. The disclosure is made under SEBI Listing Regulations, 2015.
Positive for shareholders — the vessel starting its charter means revenue generation under the ONGC contract has begun, supporting operational utilisation and income visibility. No material change in contract value or terms was disclosed.