Seamec Limited reports a new order or contract
In short
Seamec Limited said it has received a letter of award from Larsen & Toubro Limited for the Consortium of Posh India Offshore Pvt Limited and SEAMEC Limited for the PRP-X project of ONGC. No figures were given in the announcement. In simple terms, the company says it won work on an ONGC project through a consortium led with Posh India Offshore. No closing date or validity period was stated.
Why it matters
A new contract or order has been announced — the filing's stated order value (if any) is the number to check against the company's run-rate. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.