A meeting of the Board of Directors of United Drilling Tools Ltd. was held on Monday, August 10, 2026, at the corporate office in Noida, commencing at 01:15 PM and concluding at 04:35 PM. The meeting was conducted pursuant to Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Outcomes and Approvals:

1. Financial Results Approval

  • The Board approved the un-audited quarterly Financial Results (Standalone and Consolidated) for the 1st Quarter ended June 30, 2026, for the Financial Year 2026-27.
  • The Board took note of the Limited Review Report of the Statutory Auditors on these results.

2. Dividend Declaration

  • Declared the 1st Interim Dividend for FY 2026-27 at 6%, i.e., ₹0.60 (60 paisa) per equity share of ₹10 each.
  • Fixed the Record Date for determining entitlement to this interim dividend as Friday, August 21, 2026.
  • Fixed a separate Record Date for determining entitlement to the Final Dividend for FY 2025-26 as Friday, September 11, 2026.

3. Cost Audit

  • Approved the Cost Statements and other statements to be annexed to the Cost Audit Report for FY 2025-26.
  • Noted the Cost Audit Report for FY 2025-26.

4. Auditor Appointments

  • Appointed M/s A P U & Co., Chartered Accountants as the Statutory Auditors of the Company for a second term of four consecutive years. This appointment is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM).
  • Appointed M/s Swati Chaturvedi, Practicing Cost Accountants (Firm Registration No. 100664) as the Cost Auditors for the Financial Year 2026-27.

5. Annual General Meeting (AGM)

  • Approved the notice of the 44th Annual General Meeting (AGM) to be held on Wednesday, September 23, 2026, at 11:30 A.M. through Video Conferencing.
  • The register of members and share transfer books will remain closed from Thursday, September 17, 2026, to Wednesday, September 23, 2026 (both days inclusive) for the purpose of the AGM.

6. Related Party Transactions

  • Approved Related Party Transaction(s) with M/s Oil Drilling Consultancy Services.

Financial Performance Highlights (Unaudited):

Standalone Results (₹ in Lacs, except EPS)

| Particulars | Quarter Ended 30-Jun-26 | Quarter Ended 31-Mar-26 | Year Ended 31-Mar-26 |

| Total Income | 3,460.12 | 4,599.51 | 18,651.73 |

| Net Profit Before Tax | 589.53 | 677.76 | 2,659.04 |

| Net Profit for the period | 414.99 | 467.35 | 1,875.91 |

| Basic EPS (₹) | 2.06 | 2.38 | 9.30 |

| Diluted EPS (₹) | 2.06 | 2.38 | 9.30 |

Consolidated Results (₹ in Lacs, except EPS)

| Particulars | Quarter Ended 30-Jun-26 | Quarter Ended 31-Mar-26 | Year Ended 31-Mar-26 |

| Total Income | 3,474.78 | 4,451.84 | 18,442.28 |

| Net Profit Before Tax | 609.88 | 695.31 | 2,684.91 |

| Net Profit for the period | 430.48 | 478.89 | 1,897.01 |

| Basic EPS (₹) | 2.14 | 2.43 | 9.40 |

| Diluted EPS (₹) | 2.14 | 2.43 | 9.40 |

The consolidated results include the financials of the parent company and its wholly-owned subsidiary, P Mittal Manufacturing Private Limited. The subsidiary contributed a net profit after tax of ₹15.49 lacs for the quarter.

Auditor's Review:

The Statutory Auditors, M/s APU & Company, conducted a limited review of both the standalone and consolidated financial results. Based on their review, nothing has come to their attention that causes them to believe that the accompanying statements are not prepared in all material respects in accordance with the applicable Indian Accounting Standards (Ind AS) and the requirements of Regulation 33 of the SEBI LODR Regulations.

Additional Information:

  • The financial results have been disseminated on the company's website at www.udtltd.com.
  • The company's business activities fall within a single segment (Engineering).
  • The figures for the quarter ended March 31, 2026, are the balancing figures between the audited annual figures and the published year-to-date figures up to the third quarter.