Seamec Ltd Signs $9.96M Diving Services Deal with HAL Offshore

Seamec Ltd has entered into a Diving Agreement with HAL Offshore Limited to provide Diving Subsea Services on the ONGC Vessel "SAMUDRA SEVAK". The contract is valued at approximately USD 9.96 million, exclusive of GST. This transaction is classified as a Related Party Transaction and is conducted on an Arm's Length basis in the normal course of business. HAL Offshore Limited is the promoter of Seamec Ltd and holds a significant shareholding. The agreement was executed on July 23, 2026.