United Drilling Tools Appoints Swati Chaturvedi as Cost Auditor for FY 2026-27
United Drilling Tools Limited appointed M/s Swati Chaturvedi as Cost Auditor for FY 2026-27. The appointment was approved by the Board and is effective August 10, 2026. M/s Swati Chaturvedi has extensive experience in costing and finance.
The appointment of a cost auditor is a standard annual regulatory requirement and does not have a significant immediate impact on the company's operations or financial performance.
The appointment of a cost auditor is a routine compliance activity and does not inherently suggest a positive or negative change in the company's performance or outlook.
United Drilling Tools Limited has announced the appointment of M/s Swati Chaturvedi, a Practicing Cost Accountant (FRN - 100664), as the Cost Auditor for the Financial Year 2026-27. This appointment was approved by the Board based on the recommendation of the Audit Committee.
The appointed cost auditors have provided confirmation of their eligibility and consent, assuring that they meet the criteria outlined in the Companies Act, 2013. M/s Swati Chaturvedi brings extensive experience in Accounts, Costing, Taxation, Finance, Management Accountancy, Company Law, and Private Equity arrangements, having worked with medium and large businesses in India and possessing good knowledge of computerized environments. They have no disclosed relationship with any director or senior management of the company.
The appointment is effective from August 10, 2026, for the duration of the Financial Year 2026-27, to conduct the audit of the company's cost records.
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