United Drilling Tools confirms no encumbrance on promoter shares in FY26

0 min read Updated on 10 Jun 2026, 12:25 AM

Reviewed by

Anirudha BScanX News Team

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United Drilling Tools Limited submitted an annual disclosure to stock exchanges confirming that its promoters and persons acting in concert have not created any encumbrance over 1,51,55,460 equity shares during the financial year ended March 31, 2026. The declaration, filed by Non-Executive Director Pramod Kumar Gupta, complies with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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United Drilling Tools Limited confirmed that its promoters have not created any encumbrance over the 1,51,55,460 equity shares held by them directly or indirectly during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges to comply with regulatory requirements regarding the disclosure of encumbrance on promoter holdings.

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation was provided on behalf of the promoters and persons acting in concert with them.

The declaration was submitted by Pramod Kumar Gupta, a Non-Executive Director, on behalf of all promoters. The document was addressed to the Listing Compliance Departments of BSE Limited and National Stock Exchange of India Ltd.

The following promoters and promoter groups were included in the disclosure:

Name	Category
Pramod Kumar Gupta	Promoters Group
Kanak Gupta	Promoters Group
Prabha Gupta	Promoters

A copy of the declaration was also marked to the Audit Committee of United Drilling Tools Limited for record-keeping purposes.

Historical Stock Returns for United Drilling Tools

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.04%	-0.84%	-6.35%	+8.96%	-4.26%	-32.93%

How might the absence of encumbrance on promoter holdings influence investor confidence in United Drilling Tools Limited?

What are the potential implications for the company's stock liquidity following this regulatory disclosure?

Could this declaration signal any upcoming strategic initiatives or capital raising plans by the promoters?

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United Drilling Tools secures ₹16.61 lakh stabilizer order

1 min read Updated on 06 Jun 2026, 03:06 PM

Reviewed by

Suketu GScanX News Team

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United Drilling Tools Limited secured a ₹16.61 lakh domestic order from Shivganga Drillers Limited for stabilizers. This initial order aims to evaluate product performance under field conditions, with execution expected within 1-2 months.

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United Drilling Tools Limited has secured a domestic order worth ₹16.61 lakh from Shivganga Drillers Limited for the supply of stabilizers used in the oil and gas industry. This transaction marks the first order received from Shivganga Drillers Limited for these types of stabilizers and is intended to evaluate the performance and quality of the products under field operating conditions. The order is expected to be executed within 1-2 months.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shri Govind Sharma, GM-Global Sales and Marketing, expressed confidence that the stabilizers would meet the customer's expectations, citing the company's rigorous engineering standards and successful supplies to other private sector companies and government PSUs.

Order Details

The following table outlines the key particulars of the order received by United Drilling Tools :

Particulars	Details
Entity awarding the order	Shivganga Drillers Limited
Nature of order	Commercial
Product	Stabilizer(s)
Type of entity	Domestic
Execution period	1-2 Months
Contract value	₹16.61 lakh
Promoter/Group interest	No
Related party transaction	No