United Drilling Tools Ltd has re-appointed Ved Prakash Mahawar and Preet Verma as Non-Executive Independent Directors for a second term. The appointments are effective from June 25, 2026, for a period of five consecutive years concluding on June 24, 2031. This decision follows the approval of the company's members through a postal ballot process.

The company disclosed the re-appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was submitted to BSE Limited and the National Stock Exchange of India Ltd. The directors bring extensive experience in petroleum products and audit services respectively.

Director Profiles

The following table outlines the details of the re-appointed directors:

Regulatory Disclosures

The company confirmed that neither director is debarred from holding the office of director by any order issued by SEBI or other competent authorities. This disclosure aligns with requirements set forth in BSE and NSE circulars dated June 20, 2018. The re-appointments ensure continuity in the board's governance structure.

United Drilling Tools Ltd has secured a repeat export order worth ₹1.61 crore from M/s Argentera Oil and Gas, Brazil, for the supply of Casing Pipe with multi start Connector. The order is associated with Petrobras, a globally recognized leader in the energy sector, and is scheduled to be executed over a period of 4-5 months. This contract reinforces the company's reputation for reliability and performance in demanding international operating environments.

The disclosure was made to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the order, and it does not fall within related party transactions.

Management attributed the new order to the confidence leading oil and gas operators place in the company's advanced engineering capabilities, product quality, and timely execution. The company emphasized that its ability to deliver high-performance products meeting international specifications has enabled it to expand its footprint across global markets.

The following table outlines the key details of the order:

Based in Noida, Uttar Pradesh, United Drilling Tools Ltd is a manufacturer of large OD casing pipe with connector, Wireline & well service equipment, Gas lift equipment, and Downhole Tools. The company holds 32 registered Trademarks and 14 Design Patents, with products conforming to ISO & API standards.