United Drilling Tools Secures Rs. 197 Million Order from Singapore
Filing Summary
United Drilling Tools Ltd. has received an export order valued at approximately Rs. 197 million from M/s AH&M Energy Services PTE. LTD., Singapore. The order involves the supply of Leopard Dual Seal Connectors, with M/s APDS Vietnam Ltd. as the end user. The contract is set to be executed within four months. This transaction is classified as international and commercial, with no related party involvement. The company has confirmed that its promoter group has no interest in the awarding entity.
United Drilling Tools Ltd. has announced the receipt of an export order from M/s AH&M Energy Services PTE. LTD., a Singapore-based entity. The order, valued at approximately Rs. 197 million, involves the supply of Leopard Dual Seal Connectors. The ultimate end user of these connectors will be M/s APDS Vietnam Ltd. The contract is to be executed within a period of four months.
This transaction is classified as both international and commercial in nature. The order has been awarded by an international entity, confirming its global business engagement. The company has stated that there is no involvement of related party transactions in this order. Additionally, the promoter or promoter group of United Drilling Tools Ltd. does not have any interest in the entity awarding the contract.
The details of the order were disclosed in compliance with Regulation 30, read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was also made in accordance with the SEBI Master Circular issued in November 2024.
AH&M Energy Services PTE. LTD. is a company engaged in providing energy services. The company focuses on delivering specialized equipment and services to the energy sector, enhancing operational efficiency and safety for its clients.
United Drilling Tools Ltd. specializes in the manufacturing and servicing of oil drilling equipment. The company focuses on expanding its international footprint through strategic orders and partnerships. It aims to deliver high-quality products and services to meet the demands of the global energy sector.