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Seamec Ltd Capital/Financing Update 2025

Oct 15, 2025

61497_rns_2025-10-15_23214d41-88ae-40fd-b0c2-46a003e89d3a.pdf

Capital/Financing Update

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SEAMEC/BSE&NSE/SMO/LARSEN&TOUBRO/1510/2025

October 15, 2025

Corporate Relations Department
BSE Limited
Phirojee Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400001
The Manager Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block,
Bandra-Kurla Complex, Bandra (East)
Mumbai - 400051
Scrip Code: 526807 Trading Symbol: SEAMECLTD

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir / Madam,

We wish to inform you that the Company has entered into a Bimco Charter Party with M/s. Larsen & Toubro Limited for Charter Hire of our Barge “SEAMEC GLORIOUS” for working in Mumbai High & West Coat Offshore for carrying out jobs related to offshore accommodation and hook-up work barge & Support for Project of Oil and Natural Gas Corporation Limited (ONGC).

The firm period of Charter is for 150 days with option for extension. The charter to commence within the window period of 1[st] October 2025 to 30[th] October 2025.

The total value of the contract is Rs. 28, 85,62,500, exclusive of GST.

Pursuant to Clause 5 and Clause 4 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular dated July 13, 2023, we enclose herewith the requisite details in respect of the said Bimco Charter Party Agreement entered between SEAMEC LIMITED and M/s. Larsen & Toubro Limited in the prescribed ANNEXURES

Date and time of occurrence of event: October 15, 2025 at 11:56 hours.

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

Thanking you,

Yours Faithfully,

For SEAMEC LIMITED

SACHIDANAN Digitally signed by SACHIDANANDA MOHANTY DA MOHANTY Date: 2025.10.15 14:09:28 +05'30'

S.N. Mohanty

President – Corporate Affairs, Legal and Company Secretary

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ANNEXURE (Clause 5)

SACHID
NDA
MOHAN
Digitally signe
SACHIDANAN
MOHANTY
Date: 2025.10
14:09:51 +05'3
Sr. No. Description Description Remarks
a) Name(s) of parties with whom the agreement / ~~Addendum~~is entered M/s. Larsen & Toubro Limited
b) Purpose of entering into the agreement/ ~~Addendum~~ Charter Hire of Barge “SEAMEC
GLORIOUS”
for
working
in
Mumbai High & West Coat
Offshore for carrying out jobs
related
to
offshore
accommodation
and
hook-up
work barge & Support for Project
of
Oil
and
Natural
Gas
Corporation Limited (ONGC) for
firm period of 150 days with
option for extension to commence
within the window period of 1st
October 25 to 30thOctober 2025.
c) Size of Agreement Rs. 28,85,62,500, exclusive of GST.
d) Shareholding, if any, in the entity with whom the agreement is executed; NA
e) Significant terms of the agreement (in brief) special rights like right to
appoint directors, first right to share subscription in case of issuance of
shares, right to restrict any change in capital structure etc.
NA
f) Whether, the said parties are related to Promoter / Promoter Group /
Group companies in any manner. If yes, nature of relationship.
NO
g) Whether the transaction would fall within Related Party Transactions? If
yes, whether the same is done at “arm’s length”
NO
h) In case of issuance of shares to the parties, details of issue price, class of
shares issued
NA
i) In case of loan agreements, details of lender/ borrower, nature of the
loan, total amount of loan granted / taken, total amount outstanding,
date of execution of the loan agreement/sanction letter, details of the
security provided to the lender / by the borrowers for such loan or in
case outstanding loans lent to a party or borrowed from a party become
material on a cumulative basis
NA
j)
ANA
TY
d by
Any other disclosures related to such agreements, viz, details of nominee
on the board of directors of the listed entity, potential conflict of interest
arising out of such agreement, etc;
NA
DA
.15
0'

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k) In case of termination or amendment of agreement, listed entity shall
disclose additional details to the Stock Exchange(S):
i)
Name of the parties to the agreement;
ii)
Nature of the agreement;
iii) Date of execution of the agreement;
iv) Details of amendment and impact thereof or reasons of termination
and impact thereof;
NA

ANNEXURE (Clause 4.2)

SACHID
ANDA
MOHAN
Sr. No. Description Description Description Description Description Description Remarks
a) Name(s) of the entity awarding the ~~order(s)~~/ contract (s) M/s. Larsen & Toubro Limited
b) Significant Terms and conditions of
brief
~~order (s)~~/ contract (s) awarded in Charter Hire of Barge “SEAMEC
GLORIOUS”
for
working
in
Mumbai High & West Coat
Offshore for carrying out jobs
related
to
offshore
accommodation
and
hook-up
work barge & Support for Project
of
Oil
and
Natural
Gas
Corporation Limited (ONGC)
c) Whether~~order (s)~~/ contract (s) have been awarded by domestic /
international entity
Domestic Entity
d) Nature of ~~order (s)/~~contract (s) Normal course of business
e) Whether domestic/ international Domestic
f) Time period by which the ~~order (s)~~/ contract (s) to be executed Time Period is for firm 150 days
with option for extension to
commence within the window of
1stOctober 2025 – 30thOctober
2025.
g) Broad consideration or size of the ~~order (s)~~/ contract (s) The total value of the contract is
Rs. 28,85,62,500, exclusive of GST.
h) Whether the promoter / promoter group / group companies have any
interest in the entity that awarded the~~order (s)~~/ contract (s)? if yes,
nature of interest and details thereof
No, the Promoter / Promoter
Group / Group Companies have
no interest in the entity that has
awarded the contract.
i)
AN
TY
Whether the~~order(s)~~/Contract(s) would fall within related party
transactions? If yes, whether the same is done at “arm’s length”.
No. the contract does not fall
within related party transaction.

Digitally sign ~~ed by~~ SACHIDANANDA MOHANTY Date: 2025.10.15 14:10:42 +05'30'

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