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Seamec Ltd Capital/Financing Update 2020

May 11, 2020

61497_rns_2020-05-11_48f9dda7-04f3-4ad0-840f-66ecec75dfa2.pdf

Capital/Financing Update

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SEAMEC LIMITED A member of MMG[TM]

May 11, 2020

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra – Kurla Complex, Bandra (East) Mumbai - 400051

Trading Symbol: “SEAMECLTD”

Sub: NOA for deployment status of Vessel “SEAMEC III” for period of two years

Dear Sir / Madam,

Further to our letter dated 1st April, 2020, we wish to inform that M/s. HAL Offshore Limited (HAL) has placed a Notification of Award (NOA) reference HAL/FIN/GEN/955/SIII dated 11[th] May, 2020, for Charter Hire of SEAMEC III for a period of 2 years.

The vessel is likely to be deployed around end July or early August after completing the dry docking and modifications required to meet the contractual obligation.

The aggregate Value of Contract is about USD 22,986,400 inclusive of GST.

Thanking you,

Yours Faithfully, For SEAMEC LIMITED

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S.N. MOHANTY PRESIDENT Corporate Affairs, Legal and Company Secretary

Regd. & Corporate Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India Tel.:+91-22-6694 1800 • Fax : +91-22-6694 1818 • E-mail : [email protected] CIN No: L63032MH1986PLC154910