United Drilling Tools Ltd Secures Rs. 57.06 Lakh Domestic Order for Downhole Tools Supply

United Drilling Tools Ltd has secured a domestic order worth Rs. 57.06 lakh from Aadyashree Drilling International Private Limited for the supply of downhole drilling tools. The company disclosed this development under Regulation 30 of SEBI listing obligations, highlighting the commercial nature of this business engagement.

Order Details and Specifications

The contract involves supply of stabilizers and related accessories as part of the company's downhole tools portfolio. The order represents a commercial engagement in the ordinary course of business for United Drilling Tools Ltd, which specializes in oil drilling equipment manufacturing and services.

Parameter	Details
Client	Aadyashree Drilling International Private Limited
Contract Value	Rs. 57,06,480.00
Product Type	Stabilizers and accessories
Execution Timeline	1.5 to 2.00 Months
Order Nature	Commercial
Entity Type	Domestic

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this order does not involve any related party transactions and that promoter or promoter group companies have no interest in the entity awarding the contract.

Business Significance

This order adds to United Drilling Tools Ltd's order book in the downhole tools segment, which forms a crucial component of oil drilling operations. The contract's execution timeline of 1.5 to 2 months indicates the company's capability to deliver specialized drilling equipment within tight schedules. The domestic nature of the order reflects the company's strong position in the Indian oil drilling equipment market.

The order value of Rs. 57.06 lakh represents a meaningful business engagement for the company, demonstrating continued demand for its specialized drilling tools and equipment in the domestic market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.18%	+33.57%	+15.10%	+5.80%	+2.24%	-39.29%

United Drilling Tools Limited has successfully concluded its postal ballot process through remote e-voting, with shareholders overwhelmingly approving all four special resolutions on March 30, 2026. The company announced the results on March 31, 2026, following the scrutinizer's report submission, with the approved director re-appointments taking effect from June 25, 2026.

Postal Ballot Process Details

The remote e-voting period commenced on March 1, 2026 at 10:00 AM IST and concluded on March 30, 2026 at 5:00 PM IST. Varun Sharma, Partner at Balraj Sharma & Associates, served as the scrutinizer for the postal ballot process. The votes were unblocked on March 30, 2026 at 5:12 PM, with the final scrutinizer's report submitted to the company on March 31, 2026.

Parameter:	Details
E-voting Start:	March 1, 2026 at 10:00 AM IST
E-voting End:	March 30, 2026 at 5:00 PM IST
Record Date:	February 20, 2026
Total Shareholders:	13,642
Scrutinizer:	Varun Sharma (ACS-21011)

Director Re-appointments with Effective Dates

The first two resolutions concerned the re-appointment of independent directors for their second consecutive five-year terms. Both Mr. Ved Prakash Mahawar and Mrs. Preet Verma will serve as Non-Executive Independent Directors effective from June 25, 2026 up to June 24, 2031.

Director Details:	Mr. Ved Prakash Mahawar	Mrs. Preet Verma
Position:	Non-Executive Independent Director	Non-Executive Independent Director
Term:	Second term of five consecutive years	Second term of five consecutive years
Effective Period:	June 25, 2026 to June 24, 2031	June 25, 2026 to June 24, 2031
Votes in Favor:	15,933,403	15,933,403
Approval Rate:	99.99%	99.99%

Mr. Mahawar brings around 45 years of vast experience in petroleum products, particularly in manufacturing of oil and gas equipment. Mrs. Preet Verma has extensive experience with the Indian Audit and Accounts Services, having served as principal Director of Audit at the Office of the CAG of India, The United Nations, and as COO of Tech Mahindra Foundation.

Related Party Transaction Approvals

The remaining two resolutions addressed related party transactions, both achieving identical approval rates:

Resolution:	Votes in Favor	Votes Against	Approval Rate
Oil Drilling Consultancy Services RPT:	777,943	13	99.99%
Parveen Industries Private Limited RPT:	777,943	13	99.99%

For these resolutions, 72 members voted in favor while 4 members voted against. Promoter group votes totaling 15,155,460 were marked as invalid for these resolutions due to their interested party status.

Voting Participation Analysis

The postal ballot witnessed significant participation from different shareholder categories:

Category:	Shares Held	Votes Polled	Participation Rate
Promoter and Promoter Group:	15,155,460	15,155,460	100.00%
Public Institutions:	87,430	0	0.00%
Public Non-Institutions:	5,060,236	777,956	15.37%
Total:	20,303,126	15,933,416	78.48%

Regulatory Compliance

The postal ballot was conducted in compliance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations. The company utilized CDSL's e-voting platform for the remote voting process. The results and scrutinizer's report have been made available on the company's website as per regulatory requirements under Regulation 44 of SEBI LODR Regulations, 2015. The director re-appointment disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations.

The successful completion of the postal ballot with overwhelming support reflects strong shareholder confidence in the company's governance decisions and strategic direction, particularly in continuing with experienced independent directors for their second terms.