United Drilling Tools Ltd

United Drilling Tools Ltd. announced it has received an international order from Argentera Engenharia e Serviços de Petróleo e Gas Ltda for the supply of casing pipes with UDT connectors. The order, valued at Rs 73,35,250, is expected to be executed within three months. According to a regulatory filing on September 10, 2026, the company secretary, Anand Kumar Mishra, confirmed that neither the promoter group nor any related parties have an interest in Argentera, and the transaction is not considered a related party transaction.

United Drilling Tools Ltd. has approved the reappointment of M/s A P U & Company, Chartered Accountants (ICAI FRN - 019542N), as statutory auditors for a second term of four years, from the conclusion of the 44th annual general meeting until the conclusion of the 48th Annual General Meeting, according to a filing with the Bombay Stock Exchange and National Stock Exchange.

United Drilling Tools Ltd. has appointed M/s Swati Chaturvedi as Cost Auditor for the financial year 2026-27, according to a filing with the Bombay Stock Exchange and National Stock Exchange. Swati Chaturvedi, a Practicing Cost Accountant with FRN 100664, was recommended by the Audit Committee and the appointment is for a term through August 10, 2026, to audit the company’s cost records.

United Drilling Tools Ltd. has set August 21, 2026, as the record date for the first interim dividend for the fiscal year 2026-27, according to a filing with the Bombay Stock Exchange and National Stock Exchange. The dividend will be paid to shareholders as of record date, with the payment date to be announced later.

United Drilling Tools Ltd. has set Wednesday, September 16, 2026, as the record date for the final dividend for the fiscal year 2025-26, according to a filing with the Bombay Stock Exchange and National Stock Exchange. The dividend will be paid to shareholders listed with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as of that date, with the payment date to be announced later.

United Drilling Tools Ltd. currently trades at Rs 233.9, after a recent weekly increase of 0.98%. United Drilling Tools Ltd. announced it has received an international order from M/s Tri Lift Services Inc., USA, for the supply of Gas Lift Mandrels used in the oil and gas industry. The order, representing an estimated contract value of Rs 48,29,175, is expected to be executed within 4-5 months and does not involve any related party transactions. The company disclosed this information to the Bombay Stock Exchange (Security ID: 522014) and the National Stock Exchange of India (Security ID: UNIDT) in compliance with SEBI regulations. Trading volume totaled 2132 shares today, a decrease of 84.97% compared to the average volume over the one-week period. United Drilling Tools Ltd. increased by 16.34% year-over-year, outperforming the NIFTY50 index's 0.1% loss.

United Drilling Tools Ltd. will hold a board meeting on August 10, 2026, to approve the unaudited financial results for the first quarter ended June 30, 2026, for the fiscal year 2026-27, and to consider a potential declaration of a first interim dividend, as well as to approve the notice of the 44th Annual General Meeting.

United Drilling Tools has received a repeat order worth Rs 3.88 crore from Vedanta for supply of tubings, pup joints and crossovers.

According to the company's exchange filing, the order is scheduled to be executed within 24 weeks and carries an estimated contract value of Rs 3.88 crore. The company said the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. Vedanta Iron and Steel (VISL) is an integrated iron and steel company with operations across India and Africa. It operates across the value chain, from iron ore mining to the production of steel, pig iron, wire rods, TMT bars, ductile iron pipes, ferro-silicon, cement and metallurgical coke. The company also operates a 1.5 MTPA integrated steel plant at Bokaro through its wholly owned subsidiary, ESL Steel. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company reported a 23.1% increase in consolidated net profit to Rs 4.79 crore in the fourth quarter of FY26, compared with Rs 3.89 crore posted in the corresponding quarter last year. Revenue from operations jumped 39.2% year-on-year to Rs 43.32 crore in the quarter ended 31 March 2026. Powered by Capital Market - Live

The order will be executed over a period of 4'5 months and will be carried out in the ordinary course of business through Argentera Oil and Gas. The company clarified that the contract does not fall under related-party transactions, and neither its promoters nor promoter group entities have any interest in the award. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company reported a 23.1% increase in consolidated net profit to Rs 4.79 crore in the fourth quarter of FY26, compared with Rs 3.89 crore posted in the corresponding quarter last year. Revenue from operations jumped 39.2% year-on-year to Rs 43.32 crore in the quarter ended 31 March 2026. The counter rose 0.61% to Rs 221.35 on the BSE. Powered by Capital Market - Live