NSEAgreements21 Oct 2026 · 21 Oct 2026, 05:03 pm
Agreements
Seamec Limited · SEAMECLTD
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Seamec Limited has informed the Exchange about the execution of a contract with HAL Offshore Limited for the charter hire of vessel 'SEAMEC ANANT' for deployment with Oil and Natural Gas Corporation (ONGC) IMR jobs. The charter hire period is for approximately 1225 days, subject to HAL's Charter Hire Agreement with ONGC, with a total contract value of about USD 55 million exclusive of GST.
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Seamec Limited has informed the Exchange about intimation on Execution of Contract with HAL Offshore Limited for Charter Hire of Vessel "SEAMEC ANANT"
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SEAMECLTD_21102026170338_NSEBSECharterwithHALforSEAMECANANT2102026.pdf
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SEAMEC/BSE&NSE/SMO/CHARTERHALOFSEAMECANANT/2110/2026
October 21, 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: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir / Madam,
Further to our letter reference no. SEAMEC / BSE & NSE / SMO / TAKEOVERSEAMECANANT
/1410/2026 dated 14th October, 2026, we wish to inform you that the Company and HAL Offshore
Limited (HAL) have entered into a contract dated October 21, 2026, for charter hire of Vessel
SEAMEC ANANT for deployment with Oil and Natural Gas Corporation (ONGC) IMR jobs.
The charter hire period is for approximately 1225 days, subject to HAL’s Charter Hire Agreement
with ONGC.
The total contract value for the said period is about USD 55 million exclusive of GST.
This is a related party transaction and in the normal course of business.
Pursuant to Clause 5 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI circular dated January 30, 2026, we enclose
herewith the requisite details in the prescribed Annexure.
Date and time of execution of the agreement: October 21, 2026 at 16:33 hours.
We request you to kindly take the above on your records.
Thanking you,
Yours Faithfully,
For SEAMEC LIMITED
S.N. Mohanty
President – Corporate Affairs, Legal and Company Secretary
ANNEXURE
Sr. No. Description Remarks
a) Name(s) of parties with whom the agreement is entered M/s HAL Offshore Limited
b) Purpose of entering into the agreement Charter Hire of Vessel “SEAMEC
ANANT” for deployment with Oil and
Natural Gas Corporation (ONGC) IMR
jobs.
c) Size of Agreement The charter hire period is for
approximately 1225 days, subject to
HAL’s Charter Hire Agreement with
ONGC.
The total contract value for the said
period is about USD 55 million exclusive
of GST
d) Shareholding, if any, in the entity with whom the agreement is Hal Offshore Limited holds 70.77 % of
executed; shareholding in SEAMEC Limited.
e) Significant terms of the agreement (in brief) special rights like right to NA
appoint directors, first right to share subscription in case of issuance
of shares, right to restrict any change in capital structure etc’
f) Whether, the said parties are related to Promoter / Promoter Group / YES, HAL Offshore Limited is the
Group companies in any manner. If yes, nature of relationship. Promoter of SEAMEC Limited
g) Whether the transaction would fall within Related Party The transaction will be Related Party
Transactions? If yes, whether the same is done at “arm’s length” Transaction and is on Arms’ Length.
h) In case of issuance of shares to the parties, details of issue price, class NA
of shares issued
i) In case of loan agreements, details of lender/ borrower, nature of the NA
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
j) Any other disclosures related to such agreements, viz, details of NA
nominee on the board of directors of the listed entity, potential
conflict of interest arising out of such agreement, etc;
k) In case of termination or amendment of agreement, listed entity shall NA
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;