United Drilling Tools shareholders approve all AGM resolutions

United Drilling Tools Limited announced the successful passing of all ten resolutions at its 43rd Annual General Meeting (AGM) held on September 23, 2025. The resolutions were approved by the requisite majority of shareholders through a combination of remote e-voting and e-voting at the venue. The AGM saw 215 shareholders participate via video conferencing, comprising 2 promoters and 213 public shareholders.

Key resolutions included the adoption of the audited financial statements for the year ended March 31, 2025, and the approval of the final and two interim dividends for the same period. Additionally, shareholders re-appointed Pramod Kumar Gupta as a director and approved the appointments of M/s A P U & Company as statutory auditors and M/s Balraj Sharma & Associates as secretarial auditors.

Further significant approvals encompassed changes in designation for Pramod Kumar Gupta to non-executive director and chairman, and Kanal Gupta to managing director with remuneration fixation. The appointment of Khitish Kumar Nayak as non-executive independent director and the approval of related party transactions with Pramod Kumar Gupta were also passed.