Out Come of 44th Annual General Meeting

UNITED DRILLING TOOLS LTD. CIN : L29199DL1985PLC015796 OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES Phones : +91-120 – 4842400, Please Reply to Head Office - 4162715, 4729610 26th Floor, Astralis Tower, Supernova Fax No.: +91-120 – 2462675 Complex, Sector-94, Noida - 201301, USE PREFIX FOR CALLING Distt. G B Nagar,Uttar Pradesh, India From outside country – 91 – 120 E-mail : ENQUIRY@UDTLTD.COM From outside state – 0120 From New Delhi – 0120 Website : WWW.UDTLTD.COM 23-09-2026 UDT/SEC/2026-27/BSE- 53 NSE-53 Department of Corporate Service Listing Compliance Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block-G, Dalal Street, Mumbai- 400001 Bandra Kurla Complex, Bandra (E), Security ID - 522014 Mumbai – 400051 Security ID - UNIDT “Sub: Proceedings of the 44th Annual General Meeting (‘AGM’)” Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements),2015, we are enclosing herewith summary of the proceedings of 44th Annual General Meeting of United Drilling Tools Limited (‘the Company”) was held on Wednesday , the 23th day of September, 2026 at 11:30 AM (IST) (‘AGM’) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) to transact the business as stated in the Notice of AGM dated August 10, 2026. You are requested to kindly take above information on your records. Thanking You, Yours faithfully For United Drilling Tools Ltd. (Anand Kumar Mishra ) Company Secretary FCS:- 7207 Regd. Office : 139A, First Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi - 110001 UNITED DRILLING TOOLS LTD. CIN : L29199DL1985PLC015796 OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES Phones : +91-120 – 4842400, Please Reply to Head Office - 4162715, 4729610 26th Floor, Astralis Tower, Supernova Fax No.: +91-120 – 2462675 Complex, Sector-94, Noida - 201301, USE PREFIX FOR CALLING Distt. G B Nagar,Uttar Pradesh, India From outside country – 91 – 120 E-mail : ENQUIRY@UDTLTD.COM From outside state – 0120 From New Delhi – 0120 Website : WWW.UDTLTD.COM Proceedings of 44th Annual General Meeting ( “AGM”) of United Drilling Tools Limited The 44th Annual General Meeting (“AGM”) of United Drilling Tools Limited (“the Company”) was convened on Wednesday, September 23, 2026, at 11:30 A.M. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in accordance with the applicable provisions of the Companies Act, 2013, and the rules made thereunder, as well as the relevant circulars and guidelines issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”). The Meeting commenced with Mr. Anand Kumar Mishra, Company Secretary, extending a warm welcome to the Members, Directors, Auditors and other invitees attending the AGM through VC/OAVM. He briefed the Members on the procedure for participation in the Meeting, including the manner of raising questions, seeking clarifications and expressing their views. Thereafter, the Directors, Statutory Auditors, Secretarial Auditor-cum-Scrutinizer, Cost Auditor, Internal Auditor and other Senior Management personnel attending the Meeting introduced themselves to the Members. Mr. Pramod Kumar Gupta, Chairman of the Company, welcomed all the Members and other participants to the 44th AGM. In his opening remarks, the Chairman briefly apprised the Members of the Company’s performance during the financial year ended March 31, 2026, and highlighted the Company’s business outlook, growth initiatives, strategic priorities and future plans. The Chairman thereafter confirmed that the requisite quorum was present and called the Meeting to order. He informed the Members that the requisite arrangements had been made to enable them to participate in the Meeting and exercise their rights in accordance with the applicable provisions and Notice convening the 44th AGM, dated August 10, 2026, having already been circulated to the Members, was taken as read with the consent of the Members present. and summarize the businesses as stated in the Notice of 44th AGM of the Company. Regd. Office : 139A, First Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi - 110001 UNITED DRILLING TOOLS LTD. CIN : L29199DL1985PLC015796 OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES Phones : +91-120 – 4842400, Please Reply to Head Office - 4162715, 4729610 26th Floor, Astralis Tower, Supernova Fax No.: +91-120 – 2462675 Complex, Sector-94, Noida - 201301, USE PREFIX FOR CALLING Distt. G B Nagar,Uttar Pradesh, India From outside country – 91 – 120 E-mail : ENQUIRY@UDTLTD.COM From outside state – 0120 From New Delhi – 0120 Website : WWW.UDTLTD.COM ORDINARY BUSINESS Item No. Particulars Type of Resolution Ordinary Business 1. To receive, consider and adopt the Audited Ordinary Financial Statements (Standalone & Consolidated) of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors (‘the Board’) and Statutory Auditor’s thereon;; 2. To consider and approve Final Dividend and Ordinary also confirm two Interim Dividend(s) for the Financial Year ended March 31, 2026. 3. To appoint a Director in place of Shri Inderpal Ordinary Sharma, having DIN - 07649251, who retires by rotation and being eligible, offers himself for re-appointment 4. Re-appointment of M/s A P U & Company, Ordinary Chartered Accountants (ICAI FRN - 019542N) as Statutory Auditors of the Company Special Business 5 Ratification of remuneration payable to the Ordinary Cost Auditors of the Company for the financial year ending March 31, 2027. 6 Related Party Transaction(s) with M/s Oil Special Drilling Consultancy Services, a sole proprietorship firm of Shri Pramod Kumar Gupta, Chairman-cum-Non-executive Director of the Company. Regd. Office : 139A, First Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi - 110001 UNITED DRILLING TOOLS LTD. CIN : L29199DL1985PLC015796 OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES Phones : +91-120 – 4842400, Please Reply to Head Office - 4162715, 4729610 26th Floor, Astralis Tower, Supernova Fax No.: +91-120 – 2462675 Complex, Sector-94, Noida - 201301, USE PREFIX FOR CALLING Distt. G B Nagar,Uttar Pradesh, India From outside country – 91 – 120 E-mail : ENQUIRY@UDTLTD.COM From outside state – 0120 From New Delhi – 0120 Website : WWW.UDTLTD.COM The Chairman informed the Members that the Directors’ Report, together with the Audited Financial Statements, both Standalone and Consolidated, for the financial year ended March 31, 2026, as circulated to the Members, were taken as read. The Chairman further informed the Members that the Statutory Auditors’ Reports on the Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, did not contain any qualification, reservation, adverse remark or disclaimer and, accordingly, the same were also taken as read. The Chairman further informed the members that the company had provided a remote e- voting facility for them to cast their votes on all resolutions included in the AGM Notice. Members participating in the meeting, as well as those who had not voted via remote e- voting, were given an additional 30 minutes after the conclusion of the AGM to cast their votes electronically. The Chairman additionally informed the members that the company had enabled a remote e-voting option for them to vote on all resolutions outlined in the AGM Notice. Members attending the meeting, as well as those who had not yet participated in remote e-voting, were given a further opportunity to cast their votes electronically for 30 minutes following the conclusion of the AGM. The Chairman responded to the queries and observations raised by the Members and provided detailed clarifications on the various matters relating to the Company’s financial performance, business operations, growth prospects and future plans. He addr [Showing first 8,000 characters — download PDF for full document]