Seamec wins ONGC contract for Samudra Prabha vessel O&M services

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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

+1.6%Reaction day

₹1595.00

prior close

₹1627.50

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+2.7% vs market

Shipping peers, median of 8sector+0.7%+0.8% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 0.8 pts more 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

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Reaction day

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Next day

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AI summary

Seamec Limited, in consortium with Supreme Hydro Pvt Ltd, has executed a contract with ONGC for Operation and Maintenance services of ONGC's vessel 'Samudra Prabha' for the period 2026-2028. This follows the Notification of Award dated March 27, 2026. Terms and conditions remain unchanged from the original award. No contract value disclosed in the filing.

Likely market impact

Confirms execution of a previously announced government PSU contract, giving revenue visibility for the next two years.