United Drilling Tools Limited has informed the Exchange regarding Change in Director(s) of the company.
UNIDT · price
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United Drilling Tools Limited has announced that Mr. Pramod Kumar Gupta (DIN 00619482) has stepped down as Managing Director of the company, effective August 12, 2025. He will continue to serve on the board as Non-Executive Director and Chairman. The Board has accepted his resignation from the executive MD role and confirmed the new designation. His son, Mr. Kanal Gupta, is already on the board; no other director relationships were disclosed. The company is yet to announce a successor for the Managing Director position.
Shareholders should note the loss of an executive leader, though Mr. Gupta stays on as Chairman providing continuity. Investors may want to watch for the announcement of a new Managing Director, as the absence of a clear successor could create short-term uncertainty around day-to-day leadership and execution.