Seamec Ltd — Capital/Financing Update 2025

Mar 24, 2025

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SEAMEC/BSE&NSE/SMO/LOAL&TPRPVIII&DUDP/2403/2025

March 24, 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 M/s. Larsen and Toubro Limited (L&T Energy Hydrocarbon Div) has awarded Letter of Award (LOA) no. ONGC/DUDP & PRPVIII/LOA/PIOPL-SL/01- Subsea Installation Works for DUDP & PRPVIII (including MUT scope) Projects of ONGC to the Consortium of SEAMEC Limited and Posh India Offshore Private Limited.

The work under the said LOA will be completed by May - 2026.

Pursuant to 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 Letter of Award of M/s. Larsen and Toubro Limited is given in the prescribed ANNEXURE

Date and time of occurrence of event: March 15, 2025 at 08:44 hours.

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

Thanking you,

Yours Faithfully,

For SEAMEC LIMITED

Digitally signed by SACHIDANAN SACHIDANANDA MOHANTY DA MOHANTY Date: 2025.03.24 15:46:50 +05'30'

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

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ANNEXURE (Clause 4.2)

	ANNEXURE (Clause 4.2)	ANNEXURE (Clause 4.2)	ANNEXURE (Clause 4.2)	ANNEXURE (Clause 4.2)	ANNEXURE (Clause 4.2)	ANNEXURE (Clause 4.2)
Sr. No.	Description						Remarks
a)	Name(s) of the entity awarding the				~~order(s)~~/ contract (s)		M/s. Larsen & Toubro Limited (L&T Energy Hydrocarbon Div)
b)	Significant Terms and conditions of brief					~~order (s)~~/ contract (s) awarded in	Work of subsea installation associated with pipeline replacement project PRP VIII (PRP-VIII) and Daman Upside Development Project (DUDP).
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				The work to be completed by May 2026
g)	Broad consideration or size of the			~~order (s)~~/ contract (s)			The sharing values of the total contract under consortium are being finalised.
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)	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.

SACHIDAN Digitally signed by SACHIDANANDA ANDA MOHANTY Date: 2025.03.24 MOHANTY 16:03:34 +05'30'

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