United Drilling Tools Concludes 43rd AGM

* United Drilling Tools Limited (UDTL) held its 43rd Annual General Meeting (AGM) on September 23, 2025, via video conferencing. * The meeting was chaired by Shri Pramod Kumar Gupta, with attendance from board members, auditors, and senior management. * Shareholders approved the Audited Financial Statements for FY 2024-25 and the appointment of Statutory Auditors. * The company provided updates on its performance for FY 2024-25, highlighting expansion into international markets and new orders. * Capacity expansion with a new plant in Mundra was also discussed, which would improve the company’s operational efficiency. * Shareholders had the opportunity to ask questions and share their views on the resolutions. * Resolutions included the adoption of financial statements, approval of dividends, appointment/re-appointment of directors, and ratification of remuneration for cost auditors. * Change in designation of Shri Pramod Kumar Gupta from Managing Director to Non-executive Director and continue to act as Chairman of the Company. * Change in designation of Mr. Kanal Gupta from Whole Time Director to Managing Director of the Company and Fixation of Remuneration. * Appointment of Mr. Khitish Kumar Nayak as Non-executive Independent Director of the Company. * Approve the related party transactions with Shri Pramod Kumar Gupta.