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UNIDT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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United Drilling Tools Limited held its 43rd AGM on September 23, 2025 via video conferencing, where all 10 resolutions were passed with an overwhelming 99.99% majority in favour. Shareholders approved the audited financial statements for FY25, a final dividend along with confirmation of two interim dividends already paid, and the re-appointment of Mr. Pramod Kumar Gupta as a director. A key leadership reshuffle was approved: Mr. Pramod Kumar Gupta will move from Managing Director to Non-Executive Chairman, while Mr. Kanal Gupta was elevated from Whole-Time Director to Managing Director with a fixed remuneration. The company also appointed M/s A P U & Company as statutory auditors, M/s Balraj Sharma & Associates as secretarial auditors, and Mr. Khitish Kumar Nayak as a new Non-Executive Independent Director, along with ratification of cost auditors' pay and approval of related-party transactions with the Chairman.
Routine housekeeping with all resolutions passing by near-unanimous vote, signalling no shareholder dissent. The leadership transition from Pramod Kumar Gupta to Kanal Gupta as MD is a generational shift worth watching, and the confirmation of the final plus two interim dividends is a positive cash-return signal for shareholders.