United Drilling Tools declares interim dividend, approves Q1 FY27 results.
United Drilling Tools Ltd. declared a 6% interim dividend (₹0.60 per share) for FY27. The company approved Q1 FY27 standalone and consolidated results. The 44th AGM is scheduled for September 23, 2026. M/s A P U & Co. appointed as statutory auditors for a second term.
The dividend declaration and financial results approval are material to shareholders. The auditor appointment is also significant.
The declaration of an interim dividend and approval of quarterly results are positive developments for the company.
United Drilling Tools Ltd. announced the outcome of its Board Meeting held on August 10, 2026. The Board approved the un-audited quarterly financial results (standalone and consolidated) for the first quarter ended June 30, 2026.
During the meeting, the company declared a first interim dividend of 6%, amounting to ₹0.60 per equity share of ₹10 each for the Financial Year 2026-27. The record date for this interim dividend has been fixed as Friday, August 21, 2026. Additionally, a record date of Friday, September 11, 2026, was set for the final dividend for FY 2025-26.
The Board also took note of the Cost Audit Report for FY 2025-26 and approved the appointment of M/s A P U & Co. as Statutory Auditors for their second term of four consecutive years, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also appointed M/s Swati Chaturvedi as Cost Auditors for FY 2026-27 and approved related party transactions with M/s Oil Drilling Consultancy Services.
The 44th Annual General Meeting is scheduled for Wednesday, September 23, 2026, at 11:30 AM via Video Conferencing. The register of members and share transfer books will remain closed from September 17, 2026, to September 23, 2026, inclusive, for the purpose of the AGM.
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United Drilling Tools Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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