Seamec Ltd — Board/Management Information 2021

Jul 16, 2021

SEAMEC/NSE/SMO/1607/2021

July 16, 2021

National Stock Exchange of India Limited Exchange Plaza Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400 051

Trading Symbol: "SEAMECLTD"

Sub: Intimation of Resignation of Mrs. Seema Modi, Non-Executive and Independent Woman Director

Dear Sir / Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with Para A of Part A of Schedule III to the Listing Regulations, we wish to inform that Mrs. Seema Modi (DIN: 05327073) has resigned from the position of "Non-Executive and Independent Woman Director" of the Company with effect from Tuesday, July 6, 2021. The Board took note of the resignation by a resolution passed by circulation on July 16, 2021.

The requisite disclosure as per Regulation 30 read with Para A of Part A of Schedule III to the Listing Regulations is provided below:

Sr.	Disclosure Requirement	Details
No.
1.	ReasonforChangeviz.	Mrs.SeemaModihasresignedfromthe
	appointment,resignation,	positionofNon-ExecutiveIndependent
	removal, death or otherwise	Directorcitingrestrictedindustryrelevant
		experienceconsideringtechnicalbusiness
		module of the Company.
2.	Date of Appointment / Cessation	July6,2021.NotedbytheBoardon
	(asapplicable)&termof	July 16, 2021.
	Appointment

Further, the Company has received confirmation from Mrs. Seema Modi that there are no material reasons for her resignation other than those mentioned in her resignation intimation dated July 6, 2021. The said confirmation received is enclosed herewith.

We further write to confirm that her resignation from the Company will not have any material impact and is not a price sensitive information. The Company is in the process of filling up the vacancy in compliance with statutory provisions.

We request you to kindly take the above on your records.

Thanking you,

Yours Faithfully, For SEAMEC LIMITED

S.N. Mohanty President – Corporate Affairs, Legal and Company Secretary

On Tue, 6 Jul 2021 at 5:25 PM, seema modi seemamodi9@gmail.com wrote: Dear Mr.Sanjeev Agarwal

This has reference to our conversations over the past several weeks.

In accordance with these discussions, I, Seema Modi, Independent Director, wish to inform you of my resignation from the Board of the Company with immediate effect .

The business of the Company has become more complex and increasingly technical in the last 1-2 years; hence, the company would benefit a lot more from someone with industry relevant experience. This emerging and increasing skill requirement is different from my background and experience.

It is for this reason alone that I have decided to step down from the Board and there is no other reason.

I would like to thank you, my fellow independent directors and management team at Seamec for their cooperation and support and wish you great success ahead.

Request you inform Mr.Mohanty to please do the necessary filings as required.

Regards

Seema Modi