UNIDT Reconstitutes Board Committees Following Director's Term End
United Drilling Tools Limited reconstituted its Board committees effective May 21, 2026, following the end of Mr. Pandian Kalyanasundaram's term. Mr. Khitish Kumar Nayak now chairs the Audit and Stakeholders Relationship Committees. Mr. Ved Prakash Mahawar chairs the Nomination and Remuneration, and Corporate Social Responsibility Committees. Mrs. Preet Verma chairs the Risk Management Committee.
The reconstitution of board committees is a routine organizational update and is unlikely to have a significant impact on the company's operations or stock price.
The announcement is about the reconstitution of board committees following the retirement of a director. This is a routine corporate governance update.
United Drilling Tools Limited announced the reconstitution of its Board committees following the cessation of Mr. Pandian Kalyanasundaram as an Independent and Non-Executive Director on May 20, 2026, upon completion of his second consecutive term. The changes were approved during the Board of Directors meeting held on May 21, 2026. These changes are effective immediately.
The reconstituted committees include:
* Audit Committee: Mr. Khitish Kumar Nayak is designated as the Chairperson, with Mrs. Preet Verma and Mr. Ved Prakash Mahawar as members. * Stakeholders Relationship Committee: Mr. Khitish Kumar Nayak is designated as the Chairperson, with Mr. Kanal Gupta and Mr. Ved Prakash Mahawar as members. * Nomination and Remuneration Committee: Mr. Ved Prakash Mahawar is designated as the Chairperson, with Mr. Khitish Kumar Nayak and Mrs. Preet Verma as members. * Corporate Social Responsibility Committee: Mr. Ved Prakash Mahawar is designated as the Chairperson, with Mr. Khitish Kumar Nayak, Mrs. Preet Verma, and Mr. Pramod Kumar Gupta as members. * Risk Management Committee: Mrs. Preet Verma is designated as the Chairperson, with Mr. Kanal Gupta and Mr. Khitish Kumar Nayak as members.
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United Drilling Tools Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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