United Drilling Tools Secures ₹5.04 Crore ONGC Order Under Regulation 30

1 min read     Updated on 16 Apr 2026, 12:01 PM
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United Drilling Tools has received a domestic commercial order worth ₹5.04 crore from ONGC for supplying integral blade stabilizers including accessories. The company disclosed this development under Regulation 30 compliance with a delivery commitment of 4-5 months, reinforcing its position in the drilling equipment manufacturing sector.

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United Drilling Tools has secured a significant contract from Oil and Natural Gas Corporation (ONGC) worth ₹5.04 crore for the supply of integral blade stabilizers. The company announced this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with a committed delivery timeline of 4-5 months.

Order Specifications

The contract represents a domestic commercial order awarded by ONGC for the supply of integral blade stabilizers, including accessories, in the ordinary course of business. The updated order value reflects the precise contract amount as disclosed in the regulatory filing.

Parameter: Details
Order Value: ₹5.04 crore
Client: Oil and Natural Gas Corporation Limited
Product: Integral Blade Stabilizer (including accessories)
Completion Timeline: 4-5 months
Order Type: Domestic Commercial

Regulatory Compliance Details

The company has fulfilled its disclosure obligations under Regulation 30, confirming that this order falls within the ordinary course of business. The filing clarifies that neither the promoter group nor group companies have any interest in ONGC, and the contract does not constitute a related party transaction.

Business Impact

This order reinforces United Drilling Tools' established position in the drilling equipment sector and demonstrates continued business relationship with India's largest oil and gas exploration company. The integral blade stabilizer is a critical drilling component used to maintain wellbore stability during drilling operations, highlighting the company's technical expertise in manufacturing specialized equipment for the energy sector.

Historical Stock Returns for United Drilling Tools

1 Day5 Days1 Month6 Months1 Year5 Years
-0.15%+6.55%+36.75%+10.54%-4.24%-29.23%

Will this ONGC contract lead to additional orders from other PSU oil companies like IOCL or Hindustan Petroleum?

How might United Drilling Tools' revenue growth trajectory change if ONGC expands its domestic drilling activities in 2024?

Could this contract position United Drilling Tools for potential international expansion into other emerging oil markets?

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United Drilling Tools Ltd. Submits Compliance Certificate Under SEBI Depositories Regulations for Q4FY26

1 min read     Updated on 14 Apr 2026, 06:43 PM
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United Drilling Tools Ltd. submitted its compliance certificate under SEBI Depositories Regulations 74(5) for the quarter ended March 31, 2026, to BSE and NSE on April 14, 2026. The certificate, received from RTA Beetal Financial and Computer Services Private Limited, confirms proper handling of dematerialization processes, including timely confirmation of securities, proper listing procedures, and adherence to the 15-day timeline for substituting depositories' names in the register of members.

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United drilling tools Ltd., an oil drilling equipment manufacturing and services company, has submitted its mandatory compliance certificate to stock exchanges for the quarter ended March 31, 2026. The submission fulfills requirements under regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Submission

The company filed the compliance certificate with both major stock exchanges on April 14, 2026. Company Secretary Anand Kumar Mishra signed and submitted the documentation to ensure adherence to regulatory requirements.

Exchange Details: Information
BSE Limited Security ID: 522014
NSE Security ID: UNIDT
Submission Date: April 14, 2026
Quarter Covered: March 31, 2026

RTA Confirmation Certificate

Beetal Financial and Computer Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 6, 2026. The RTA confirmed proper handling of dematerialization processes during the quarter.

Key Compliance Confirmations

The RTA certificate confirmed several critical compliance aspects:

  • Securities received from Depository Participants for dematerialization were properly confirmed to depositories
  • All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialization were mutilated and cancelled after due verification
  • Depositories' names were substituted in the register of members as registered owners within 15 days

Company Information

United Drilling Tools Ltd. operates in oil drilling equipment manufacturing and services sector. The company maintains its head office at 26th Floor, Astralis Tower, Supernova Complex, Sector-94, Noida, Uttar Pradesh, with CIN L29199DL1985PLC015796.

Corporate Details: Information
Industry: Oil Drilling Equipment Manufacturing and Services
Head Office: Noida, Uttar Pradesh
RTA: Beetal Financial and Computer Services Private Limited
Company Secretary: Anand Kumar Mishra

The submission represents routine regulatory compliance, ensuring transparency in the company's share transfer and dematerialization processes. This quarterly filing maintains the company's good standing with regulatory authorities and stock exchanges.

Historical Stock Returns for United Drilling Tools

1 Day5 Days1 Month6 Months1 Year5 Years
-0.15%+6.55%+36.75%+10.54%-4.24%-29.23%

How might the ongoing energy transition and shift toward renewable sources impact United Drilling Tools' business strategy and revenue projections?

What expansion plans does United Drilling Tools have for its manufacturing capacity given the current oil market dynamics?

Will the company consider diversifying into renewable energy equipment manufacturing to hedge against potential oil sector volatility?

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1 Year Returns:-4.24%