SEAMECLTD Enters Consortium Agreement for Diving Expertise on ONGC Vessel
Seamec Limited has signed a consortium agreement with SUPREME HYDRO ENGINEERING PVT LIMITED. The deal is for diving technical expertise on the ONGC Vessel “SAMUDRA PRABHA”. The contract value is approximately USD 1.39 million (₹11.55 crore) inclusive of GST.
The contract value of USD 1.39 million is a material amount for the company, indicating a significant business development.
The company has entered into a new agreement which is likely to bring in revenue and expand its services.
Seamec Limited has entered into a Consortium Agreement with M/s. SUPREME HYDRO ENGINEERING PVT LIMITED. This agreement is for availing support on diving technical expertise for the ONGC Vessel “SAMUDRA PRABHA”, which is managed by SEAMEC.
The total contract value for this consortium agreement is approximately USD 1.39 million, inclusive of GST. The agreement was executed on August 14, 2026, at 13:27 hours.
This disclosure is made in accordance with Clause 5 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What to do with a filing like this
Seamec Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Seamec Limited. Read the original for the full detail.