United Drilling Tools Limited has informed the Exchange about Awarding of order(s)/contract(s)
UNIDT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
United Drilling Tools Limited has received a domestic order from Vedanta Limited (Cairn Oil & Gas) for the supply of Tubing, Pup Joints & Crossovers including accessories. The contract value is approximately INR 3.17 crore (₹3,16,65,748.40) with a execution timeline of 4 months. This is a commercial order placed in the ordinary course of business and is not a related party transaction. Vedanta Limited is a well-known private sector oil & gas producer operating in India.
The order is positive but modest in size — representing a single domestic contract that adds to the company's order pipeline without immediate material impact on revenue. The 4-month execution window means revenue recognition is expected within the current fiscal year.