United Drilling Tools Ltd. — Major Shareholding Notification 2020

Oct 20, 2020

CAIRN OIL SOLUTIONS PRIVATE LIMITED CIN: U29255DL2012PTC231216 Regd. Office: U.B-2C, UPPER BASEMENT, INDRA PRAKASH BUILDING 21-BARAKHAMBA ROAD NEW DELHI - 110001 IN E-mail: cairnoil@gmail.com, Contact: 9811334793

17/10/2020

To.

Department of Corporate Service BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

The Compliance Department National Stock Exchange of India Ltd. Exchange Plaza, C-1 Block-G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Sub: Disclosures under regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir /Ma'am.

Please find enclosed disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of sale of shares of United Drilling Tools Limited.

This is your kind perusal and record please.

Thanking you,

For and on behalf of Board Cairn Oil Solutions Pvt. Ltd. Cairn Oil Solution Private Limited- $\kappa$ . $\mu e$

Vinay Kumar Mittal Director Director DIN: 08064254

Encl; as above

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares andTakeovers) Regulations, 2011

Name of the Target Company (TC)			United Drilling Tools Limited
		Name(s) of the acquirer and Persons Acting in Concert (PAC)with the acquirer	NA
NoWhether the acquirer belongs to Promoter/Promoter groupBSE Limited & National Stock Exchange ofName(s) of the Stock Exchange(s) where the shares of TC areIndia Limited (NSE)Listed
		Details of the acquisition / disposal as follows	Number	% w.r.t totalshare/votingcapitalwhereverapplicable(*)	% w.r.t. totaldilutedshare/votingcapital of the TC$(**)$
	a)b)	Before the acquisition under consideration, holding of :Shares carrying voting rightsShares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others)	26,18,215	12.89%	12.89%
	c)	Voting rights (VR) otherwise than by shares
	$\overrightarrow{a}$e)	Warrants/convertible securities/any other instrumentthat entitles the acquirer to receive shares carryingvoting rights in the T C (specify holding in eachcategory)Total $(a+b+c+d)$	26, 18, 215	12.89%	12.89%
		Details of acquisition/sale
	a)b)$\mathbf{c})$	Shares carrying voting rights soldVRs acquired /sold otherwise than by sharesWarrants/convertible securities/any other instrumentthat entitles the acquirer to receive shares carryingvoting rights in the TC (specify holding in eachcategory) acquired/sold	(6, 28, 720)	3.09%	3.09%
	d)e)	Shares encumbered / invoked/released by the acquirerTotal $(a+b+c+/-d)$	(6, 28, 720)	3.09%	3.09%

Cairn Oil Solution Private Limited $\bigcup_{n=1}^{\infty} A_n \cdot A_n + \sum_{i=1}^{\infty} A_i$

$\lambda$

Director

After the acquisition/sale, holding of:
Shares carrying voting rightsa)	19,89,495	9.79%	9.79%
Shares encumbered with the acquirerb)
VRs otherwise than by sharesC)
Warrants/convertible securities/any other instrumentd)that entitles the acquirer to receive shares carryingvoting rights in the TC (specify holding in eachcategory) after acquisition
Total $(a+b+c+d)$e)	19,89,495	9.79%	9.79%
Mode of acquisition / sale (e.g. open market / off-market /public issue / rights issue / preferential allotment / inter-setransfer etc).	Open Market
Date of acquisition / sale of shares / VR or date of receipt ofintimation of allotment of shares, whichever is applicable	$23rd$ Sept, 2020
Equity share capital / total voting capital of the TC before thesaid acquisition / sale	26, 18, 215
Equity share capital/ total voting capital of the TC after thesaid acquisition / sale	19,89,495
Total diluted share/voting capital of the TC after the saidacquisition / Sale	19,89,495

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

For and on behalf of Board Cairn Oil Solutions Pvt. Ltd.

Cairn Oil Solution Private Limited

$A \sim H e C$

Vinay Kumar Mittal Director Director DIN: 08064254

Place: Delhi Date: 17/10/2020