Maharashtra Seamless Commences Rig Operations with ONGC
Filing Summary
Maharashtra Seamless Ltd has announced the commencement of operations for its jack-up rig, “Jindal Explorer,” which is on a three-year charter hire to Jindal Drilling & Industries Limited. The rig has started operations with Oil & Natural Gas Corporation Limited (ONGC) as per the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update was communicated to BSE Limited and the National Stock Exchange of India Limited on 16 November 2025.
Maharashtra Seamless Ltd has informed the exchanges that its jack-up rig, Jindal Explorer, has commenced operations with Oil & Natural Gas Corporation Limited (ONGC). The rig is on a charter hire for a period of three years to Jindal Drilling & Industries Limited. This information was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The communication was addressed to BSE Limited and the National Stock Exchange of India Limited on 16 November 2025. The stock code for Maharashtra Seamless Ltd is 500265, and the scrip code is MAHSEAMLES.
Jindal Drilling & Industries Limited is involved in providing offshore drilling services to oil companies. The company focuses on expanding its capabilities in the oil and gas sector through strategic partnerships and equipment enhancements.
Maharashtra Seamless Ltd specializes in the manufacturing of seamless pipes and tubes. The company is committed to enhancing its product offerings and expanding its market presence in the oil and gas industry. It aims to leverage its manufacturing capabilities to meet the growing demand in the sector.