SEAMEC Limited has entered into an Addendum with POSH India OffSHORE PRIVATE Limited to the Subcontract No. PRP VII-PIOPL-SC-02 dated 9th March, 2023. The Addendum is for additional work in Pipeline Replacement Project to be undertaken during the work Season 2023-24.

The Total Value of the additional work will be around INR 486.0 million inclusive of GST. 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 July 13, 2023, the company enclose herewith the requisite details in the prescribed Annexure.