United Drilling Tools Limited has informed the Exchange regarding Change in Director(s) of the company.
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United Drilling Tools Limited has re-appointed two Non-Executive Independent Directors — Mr. Ved Prakash Mahawar and Mrs. Preet Verma — for a second consecutive term of five years, effective from June 25, 2026 to June 24, 2031. The re-appointments were recommended by the Nomination and Remuneration Committee, approved by the Board, and confirmed by shareholders through a Postal Ballot. Mr. Mahawar brings about 45 years of experience in petroleum and oil & gas equipment manufacturing, while Mrs. Verma has extensive experience with the Indian Audit and Accounts Services, the CAG of India, the United Nations, and Tech Mahindra Foundation. Neither director is related to other board members, and neither is debarred from holding directorship by SEBI or any other authority.
This is a routine governance update with no material impact on operations or shareholder value. Continuity on the board of independent directors may be viewed positively as it preserves institutional knowledge and board stability ahead of the new term.