Board Meeting21 May 2026, 05:01 pm
United Drilling Tools Recommends ₹0.60 Dividend, Appoints Auditor
AI Summary
United Drilling Tools Ltd's board meeting on May 21, 2025, approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹0.60 per equity share (6%) subject to shareholder approval. M/s Grover Lalla & Mehta were appointed as Internal Auditor for FY 2026-27. The board also reconstituted various committees including Stakeholders Relationship, Risk Management, Audit, Nomination and Remuneration, and Corporate Social Responsibility.
Key Highlights
- United Drilling Tools approved audited financial results for FY26.
- A final dividend of ₹0.60 per share (6%) was recommended for FY26.
- Grover Lalla & Mehta appointed as Internal Auditor for FY27.
- Board committees were reconstituted.
Price Impact
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