United Drilling Tools Ltd. has formally notified the BSE and NSE stock exchanges regarding the re-appointment of two Non-Executive Independent Directors. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
The re-appointments follow the approval of the company's members obtained through a Postal Ballot, as previously communicated to the exchanges via letter reference No. UDT/SEC/2025-26/BSE-80-NSE-81 dated March 31, 2026.
Director Details
Mr. Ved Prakash Mahawar (DIN: 07208090)
- Appointment: Re-appointed for a second term.
- Term: Effective from June 25, 2026, to June 24, 2031 (both days inclusive), for a period of five consecutive years.
- Profile: Possesses approximately 45 years of vast experience in the field of petroleum products, including the manufacturing of oil and gas equipment and its use in the field.
- Relationships: Has no relationship with other board members.
- Compliance Status: Is not debarred from holding the office of Director by virtue of any order issued by SEBI or any other competent authority.
Mrs. Preet Verma (DIN: 09124335)
- Appointment: Re-appointed for a second term.
- Term: Effective from June 25, 2026, to June 24, 2031 (both days inclusive), for a period of five consecutive years.
- Profile: Has vast experience with the Indian Audit and Accounts Services, having served as Principal Director of Audit in the Office of the CAG of India. Has also worked with The United Nations and as COO of Tech Mahindra Foundation.
- Relationships: Has no relationship with other board members.
- Compliance Status: Is not debarred from holding the office of Director by virtue of any order issued by SEBI or any other competent authority.