Independent Director Cessation at United Drilling Tools

United Drilling Tools Limited has informed the exchanges regarding the cessation of an Independent Director. Mr. Pandian Kalyanasundaram ceased to hold the position of Independent & Non-Executive Director upon the completion of his second consecutive term. The change is effective from the conclusion of business hours on May 20, 2026.

Board and Committee Changes

Following this cessation, Mr. Kalyanasundaram is no longer a Member of the Board of Directors. He also ceases to be the Chairman or Member of various committees of the Board. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Cessation

The company provided specific details regarding the director's exit in its regulatory filing.

Sr. No.	Particulars	Details
1.	Reason for Change	Cessation: Mr. Pandian Kalyanasundaram (DIN - 02568099) ceased to be an Independent & Non-Executive Director upon completion of his second consecutive term of appointment
2.	Date of Cessation	Effective from the conclusion of business hours of May 20, 2026
3.	Brief Profile	Not Applicable
4.	Disclosure of Relationships	Not Applicable

The announcement was signed by Anand Kumar Mishra, Company Secretary and Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.59%	+7.39%	+8.22%	+16.83%	+20.96%	-19.92%

United Drilling Tools Limited has secured a domestic commercial order from Oil and Natural Gas Corporation Limited (ONGC) for the supply of Large OD casing pipe with multi start connector. The order, disclosed on 11/05/2026 pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, carries an estimated contract value of INR 10,35,50,000 (Rupees Ten Crore Thirty Five Lakh Fifty Thousand only).

Order Details

The company disclosed the key parameters of the order in its regulatory filing. The contract is classified as commercial in nature and is to be executed within a period of 6 months. The order has been awarded by a domestic entity and does not constitute a related party transaction, nor does the promoter or promoter group hold any interest in the awarding entity.

The following table summarises the key details of the order as disclosed:

Parameter:	Details
Awarding Entity:	Oil and Natural Gas Corporation Limited
Nature of Order:	Commercial
Scope of Supply:	Large OD casing pipe with multi start connector
Domestic / International:	Domestic
Execution Period:	6 Months
Estimated Contract Value:	INR 10,35,50,000 (Rupees Ten Crore Thirty Five Lakh Fifty Thousand only)
Related Party Transaction:	No
Promoter / Promoter Group Interest:	No

Regulatory Disclosure

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/CMD1/CIR/P/2024/111 dated November 2024, alongside Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing was signed by Anand Kumar Mishra, Company Secretary (M. No. FCS-7207), on behalf of United Drilling Tools Limited. The order falls within the ordinary course of business for the company, which is engaged in oil drilling equipment manufacturing and services.