United Drilling Tools Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 23, 2025
UNIDT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
United Drilling Tools Limited held its 43rd AGM on September 23, 2025 via video conferencing, where all 10 resolutions were passed with overwhelming shareholder support of 99.99%. Shareholders approved the audited financial statements for FY ending March 31, 2025, and confirmed the final dividend along with two interim dividends declared earlier for FY25. Key board changes were approved: Pramod Kumar Gupta (DIN: 00619482) moved from Managing Director to Non-Executive Chairman, while Kanal Gupta (DIN: 01050505) was elevated from Whole Time Director to Managing Director. M/s A P U & Company were appointed as Statutory Auditors, Balraj Sharma & Associates as Secretarial Auditors, and Khitish Kumar Nayak as Independent Director. Related party transactions with the Chairman were also approved.
Strong 99.99% approval across all resolutions signals solid shareholder confidence and smooth governance. The dividend confirmation rewards shareholders, while the leadership transition marks a planned succession — the founder steps back to Chairman role as the next-generation MD takes operational charge. No negative signals; likely neutral to mildly positive for the stock.