Seamec shares fell after ending its vessel hire deal with HAL Offshore due to delivery issues, citing potential penalties.

• Stock hit Rs 752.55, down 5.5%, the lowest since November 7, 2023, now down 34% year-to-date.
• Charter agreement for vessel "Sea Pearl" with HAL Offshore was terminated as Seamec failed to deliver the vessel.
• The company may face liquidated damages due to termination; the stock went down 3.3% on the day.