United Drilling Tools Limited has informed the Exchange regarding Appointment of Ms Swati Chaturvedi as Other of the company w.e.f. August 12, 2025.
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United Drilling Tools Limited has appointed M/s Swati Chaturvedi, Practicing Cost Accountants (FRN-100664), as the Cost Auditor of the company for Financial Year 2025-26, effective August 12, 2025. The appointment was approved by the Board based on the recommendation of the Audit Committee, and the firm has confirmed its eligibility under the Companies Act, 2013. Swati Chaturvedi brings experience in accounts, costing, taxation, finance, management accountancy, company law, and private equity, having worked with medium and large Indian business houses. This is a routine annual compliance requirement under the Companies Act for companies in manufacturing and services sectors.
This is a standard regulatory appointment with no material impact on shareholders or the stock price. It reflects routine compliance with cost audit requirements and does not indicate any governance concerns or strategic changes.