AI assistant
United Drilling Tools Ltd. — Capital/Financing Update 2025
Mar 3, 2025
62679_rns_2025-03-03_56aba4f1-d990-468f-a472-3f600fed6007.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [64 x 58] intentionally omitted <==
UNITED DRILLING TOOLS LTD. CIN : L29199DL1985PLC015796
OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES
Phones : +91-120 – 4842400, - 4162715, 4729610 Fax No .: +91-120 – 2462675 USE PREFIX FOR CALLING From outside country – 91 – 120 From outside state – 0120 From New Delhi – 0120
Please Reply to Head Office
26[th] Floor, Astralis Tower, Supernova Complex, Sector-94, Noida - 201301, Distt. G B Nagar,Uttar Pradesh, India E-mail : [email protected] Website : WWW.UDTLTD.COM
03/03/2025
UDT/SEC/2024-25/BSE-77-NSE-77
To, Department of Corporate Service BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Security ID - 522014
Listing Compliance Department National Stock Exchange of India Ltd. Exchange Plaza, C-1 Block-G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Security ID - UNIDT
Sub: Press Release – Order Book
Dear Sir/Madam,
Pursuant to regulation 30 of SEBI (Listing (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith copy of the press release on award of order from Oil India Limited, New Delhi.
The Press release is self-explanatory.
Kindly take the same on record.
Thanking You,
Yours Faithfully,
For United Drilling Tools Limited ANAND Digitally signed by ANAND KUMAR KUMAR MISHRA Date: 2025.03.03 MISHRA 12:58:13 +05'30' Anand Kumar Mishra Company Secretary M. No. FCS-7207
Regd. Office: 139A, First Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi - 110001
Press Release
==> picture [149 x 39] intentionally omitted <==
Award of a New Order – Oil India Limited
New Delhi, Thursday, February 27, 2025, United Drilling Tools Ltd. (UDTL) (BSE – 522014, NSE – UNIDT) is pleased to announce that it has been awarded a order worth INR 80.84 MN from OIL INDIA LIMITED (OIL) , one of India’s premier public sector undertakings and a key player in the exploration, development, and production of crude oil and natural gas in India.
The awarded order involves the supply of 2000 meters of Large OD Casing Pipe with connector , which will be delivered over a period of three-months.
We are proud to partner with OIL on the prestigious Andaman project for offshore exploration and deep well with depth of upto 4200 Mtr, which heightlights the confidenance in the quality and realibity of UDTLs products. At UDTL, we understand the high stakes of this critical venture, and we are committed to delivering high-performance products that meet the stringent requirements of this important offshore and energy-driven initiative.
We are a trusted partner of other PSUs and this order highlights the growing relationship between UDTL and public sector enterprises and demonstrates the company’s continued ability to meet the demands of the oil and gas sector and continued growth of the company’s business within the energy sector.
According to the India Brand Equity Foundation (IBEF), India's oil demand is projected to reach approximately 11 million barrels per day by 2045 . This increasing demand, coupled with the expansion of well casing, drilling, and production activities in the oil and gas sector, presents significant growth opportunities for the drilling equipment industry. As a result, this projected rise in oil demand provides UDTL with substantial prospects for future growth and the potential to further strengthen its position in the market and achieve long-term success.
Commenting on the order book position, Shri Manoj Kumar Arora, Chief Financial Officer of the Company , stated that the receipt of aforementioned orders reflects the company's product quality and commitment to timely delivery. He emphasised that customer satisfaction remains the top priority, and the company is dedicated to fulfilling its commitments with excellence.
The Company is fully committed to enhancing and strengthening our research and development initiatives and focus is on improving the overall quality, performance, and efficiency of each product to meet international standards. This commitment to excellence in research, development, and quality control is fundamental to our mission of delivering reliable, high-quality products to our customers.
==> picture [149 x 39] intentionally omitted <==
About UDTL
Striding successfully since 1985, based out of Noida, Uttar Pradesh, India, UDTL is a leading Manufacturer of large OD casing pipe with connector, Wireline & well service equipment, Gas lift equipment and Downhole Tools . All the equipments can be supplied with most reliable designs and quality and are very competitively priced as compared to other suppliers.
UDTL is dedicated to manufacture high-quality products of field-proven test designs in conformity with international standards as per ISO & API standards and continues to improve and innovate.
As of today UDTL has 29 registered Trademarks , out of which 24 are registered in India & rest 05 are registered in other Countries.
Also, as regards Patents, there are 14 Design Patents registered, out of which 09 are registered in India, while rest 05 are registered in UK. We have applied Patents in India & other countries wherein 08 Patents received in India .
@Contact US –
Partners, Client, Investor, Stakeholders – [email protected]
Disclaimer: C ertain statements in this document may be forward looking statements. such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. united drilling tools limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.