United Drilling Tools Limited has appointed M/s Grover Lalla & Mehta, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors during its meeting held on Thursday, May 21, 2026. The decision was taken pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The firm has been engaged to conduct the internal audit of the company effective from May 21, 2026. The appointment is part of the company's corporate governance compliance measures for the upcoming fiscal year.

Firm Profile

M/s Grover Lalla & Mehta brings significant experience to the role. The firm is represented by Mr. Pankaj Bansal (Membership No. FCA – 502661) and possesses over 29 years of experience in corporate laws, secretarial audits, internal audits, due diligence, and consultancy services on corporate legal matters. The company confirmed that there is no relationship between the auditor and any Director, Key Managerial Personnel (KMP), or Senior Management of the company.

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.

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