Shareholders meeting

SEAMEC/BSE/AGM/PROCEEDINGS/SMO/2509/2026 September 25, 2026 Corporate Relations Department The Manager Listing Department BSE Limited National Stock Exchange of India Limited Phirojee Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East) Mumbai – 400001 Mumbai - 400051 Scrip Code: 526807 Trading Symbol: SEAMECLTD Sub: Proceedings of the 39th Annual General Meeting of the Company Dear Sir / Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith as Annexure-I, the proceedings of the 39th Annual General Meeting (AGM) of the Company, held today, i.e. September 25, 2026 through Video Conferencing. The AGM commenced at 04:00 P.M. and concluded at 5:05 P.M. Dr. Rajesh Kumar Yaduvanshi (DIN: 07206654), who was appointed as an Additional Director designated as a Non-Executive and Independent Director at the Board Meeting held on August 13, 2026, was appointed as a Non- Executive and Independent Director by the shareholders of the Company at the said AGM. Details of Dr. Rajesh Kumar Yaduvanshi, pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is provided as Annexure- II. This is to confirm that Dr. Rajesh Kumar Yaduvanshi is not debarred from holding the office of Director by virtue of any SEBI Order or any other Authority. Mr. Naveen Mohta (DIN: 07027180) was re-appointed as a Whole Time Director (WTD) of the Company at the Board Meeting held on August 13, 2026, for a further period of five consecutive years, effective from September 01, 2026, subject to approval of the shareholders. The said re-appointment was approved by the shareholders of the Company in this AGM. Details of Mr. Naveen Mohta pursuant to SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 is provided as Annexure III. This is to confirm that Mr. Naveen Mohta is not debarred from holding the office of Director by virtue of any SEBI Order or any other Authority. You are requested to kindly take the same on record. Thanking you, Yours Faithfully, For SEAMEC LIMITED S. N. MOHANTY PRESIDENT Corporate Affairs, Legal & Company Secretary Annexure – 1 SUMMARY OF THE PROCEEDINGS OF THE 39TH ANNUAL GENERAL MEETING The 39th Annual General Meeting (AGM) of the Members of SEAMEC LIMITED was held today i.e. Friday, September 25, 2026, at 04.00 p.m. (IST) via two-way Video Conferencing (VC). The Company, while conducting the Meeting, adhered to the circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), as amended. Mr. Sanjeev Agrawal, Chairman could not be present at the meeting due to certain unavoidable reasons and Mr. Naveen Mohta was unanimously elected by the Directors of the Company as the Chairman for this meeting. Following Directors and Key Managerial Personnel of the Company were present at the meeting: 1. Mr. Naveen Mohta, Whole Time Director 2. Mrs. Ruby Srivastava, Independent Director 3. Mr. Amarjit Chopra, Independent Director 4. Dr. Rajesh Kumar Yaduvanshi, Independent Director 5. Mr. Rajeev Goel, Director 6. Mr. S.N. Mohanty, President (Corporate Affairs, Legal & Company Secretary) 7. Mr. Ashok Kumar Verma, Chief Financial Officer It was informed that Mr. Raghav Chandra, Independent Director, could not attend the meeting due to unavoidable reasons. As per Section 103 of the Companies Act, 2013, the required quorum for convening the AGM was present and complete and accordingly, the meeting was called to order. Since there was no physical attendance of Members and in compliance with the Circulars issued by MCA and SEBI, as amended, the requirement of appointing proxies was not applicable, except for the authorized representatives of corporate shareholders. Mr. S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary, confirmed to the Chairman that the requisite quorum was present. The Chairman, thereafter, commenced the meeting and introduced the Directors and Key Managerial Personnel in the meeting and formally introduced Dr. Rajesh Kumar Yaduvanshi, as a Member of the Board of Directors and Mr. Ashok Kumar Verma as the Chief Financial Officer of the Company. Thereafter, on the advise of the Chairman, Mr. S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary commenced the proceedings of the Meeting. Mr. Satyajit Mishra, Secretarial Auditor and Scrutinizer for AGM, was also present at the Meeting through The Chairman, thereafter, delivered his speech. The speech, inter-alia, broadly covered the brief of economic outlook, industrial outlook and financial performance of the Company for the year gone by, vessels performance and clients and change in constitution of the Board of Directors and commitment of the employees and management. Mr. S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary informed the members that the Register of Directors and Key Managerial Personnel and their Shareholding and Register of Contracts or Arrangements in which Directors are Interested are available. These will remain accessible to the members for inspection electronically if they so desire. With the consent of the Members, the Notice of the Meeting was taken as read. The Members were informed that the Standalone and Consolidated Statutory Auditors’ Report and Secretarial Audit Report for FY 2025- 26 did not have any qualifications / adverse remarks / disclaimer / reservation. The following items of business as set out in the notice convening 39th AGM conducted through e-voting were placed at the meeting. Resolution(s): Ordinary Business: 1. To receive, consider and adopt: a) Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon b) Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of Auditors thereon. Resolution 1a: Ordinary Resolution “RESOLVED THAT the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon, be and are hereby approved and adopted.” Resolution 1b: Ordinary Resolution “RESOLVED THAT the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Report of Auditors thereon, be and are hereby approved and adopted.” Resolution 2: Ordinary Resolution 2. To declare a dividend at the rate of 20%, i.e. Rs. 2 per equity share of Rs. 10 each for the FY ended March 31, 2026. “RESOLVED THAT the Final Dividend declared at the rate of Rs. 2 per equity share of Rs. 10 each, be and is hereby approved for the financial year ended March 31, 2026.” Resolution 3: Ordinary Resolution 3. To appoint a Director in place of Mr. Sanjeev Agrawal (DIN: 00282059), who retires by rotation and being eligible, offers himself for re-appointment. “RESOLVED THAT Mr. Sanjeev Agrawal (DIN: 00282059), Chairman who retires by rotation and being eligible has offered himself for re-appointment, be and is hereby re-appointed as a Director of the Company, liable to retire by rotation.” Special Business: Resolution 4: Ordinary Resolution 4. Enhancement of monetary cap for transactions pertaining to charter hire of vessels, diving and allied activities with HAL Offshore Limited. “RESOLVED THAT pursuant to the provisions of Section 188 of the Companies Act 2013, Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, prior approval of the Members of the Company, be and is hereby granted to enhance the monetary limit till the Annual General Meeting to be held in year 2030 for enter [Showing first 8,000 characters — download PDF for full document]