Seamec Limited has informed the Exchange regarding 'Intimation of Deployment Status of Barge "SEAMEC GLORIOUS"'.
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Seamec Limited has informed the stock exchanges that its barge 'SEAMEC GLORIOUS' has successfully completed its contract with ONGC for the 2nd fair weather season. The completion was effective as of May 15, 2025, at 24:00 hours. This is a routine deployment status update under SEBI's Listing Obligations and Disclosure Requirements, following up on the original contract intimation made in October 2024. The barge is part of Seamec's offshore operations business.
Completion of an existing contract is a neutral operational update with no new business impact; shareholders should look for follow-up announcements about redeployment or new contracts for this barge.