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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. |
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| 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) |
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| 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. |
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| 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. |
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| 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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