UNITED DRILLING TOOLS LTD.CIN : L291990L1985 PLCO 15796

OIL DRILLING EQUIPMENT MANUFACTURING AND SERVICES

(INCLUDING ISO 140012004 8- OHSAS 18001:2007)

Phones : +91 ~0120-4842400

2462673. 4221771 Please Reply to Head OfficeFax No. : +91-0120~2462675

A-22, Phase-ll, N0ida-201305

USE PREFIX FOR CALLING -NS"- Gautam Budh Naaar .

From Out side Country - 91-120Uttar Pradesh, India

From om sIde State - 0120E'ma“ ‘ °"‘I""Y@“dt"d-°°m

From New Delhl _ 0120Website : www.udtltd.com

23/09/2019

To,The Corporate Relationship Department,BSE Limited ISIN: INE961D01019

PJ Tower, Dalal Street, Security Code: 522014

Mumbai e 400001 Security ID: UNIDT

Sub: Voting results of the 37“I Annual General Meeting of the Company

Dear Sir,

This is to inform you that the 37‘11 Annual General Meeting of United Drilling Tools Limited was

held on Friday, 20'“ day of September, 2019 at 1 1:00 AM. at Maharani Bagh Community Centre,

1 Central Avenue Maharani Bagh, New Delhi — 1 10065

All the items of Business as mentioned in the notice convening the said Annual General Meetinghave been transacted and all the resolution have been passed by the shareholders by requisite

majority either by remote e-voting or through voting by poll conducted at the Annual General

Meeting of the Company.

In compliance with the requirements under Regulation 44(3) of the SEBl (Listing Obligation and

Disclosure requirements) Regulation, 2015, we are furnishing relevant details pertaining to the

Annual General Meeting.

Further we are enclosing herewith the Report of the Scrutinizer dated 215‘ September 2019, on

remote e—voting, and on poll at the Annual General Meeting.

This is for your information and record.

Thanking you,

Yours faithfully,For United Drilling Tools Limited

t

PramodK martha :-

Company Secretary‘

Ragd. Office : 139A, First Floor. Antrlkah Bhawan. 22 Kaaturba Gandhl Marg. New Delhi 410 001

.

I

SCRUTINIZER’S REPORT

ON E-VOTING & POLL

OF

UNITED DRILLING TOOLS

LIMITED

(FORM 3WflWWU/‘M QMQU‘IL fMfiflEQYWg

JFEDD CW201’”SEMMGBER 2019

BALRAJ SHARMA 8. ASSOCIATESCOMPANY SECRETARIES

ADDRESS: 206, MUNISH PLAZA,

20, ANSARI ROAD,

DARYAGANJ,

NEW DELHI- 110002.

PHONE: 23282565, 9810065041

E.Mail: balrajsharmafcs@gmail.com

“x BALRAJ SHARMA & ASSOCIATESCOMPANY SECRETARIES

208, Munish Piaza, 20, Ansari Road. Opp, Fire Stat! n. Darya Gan], New Delhi-110002_

Tel.: 23282585, 23274468, Fax : 30124488, Mobile 1 9810065afl, e~mall : balrajsharmafcs@yahoo.co.m

a

Consolidated Scrutinizer(s) Report

[Pursuant to Section 108 and 109 of the Companies Act, 2013 and Rule 20 and

21 of the Companies (Management and Administration) Rules, 2014]

To

Chairman

United Drilling Tools Limited

139A, First Floor, Antriksh Bhawan,

22, Kasturba Gandhi Marg,New Delhi-110001

Sub: Scrutinizer’s Report on g-vmjng and poll conducted pursuant to the

provisions of Section 108 and 109 of the Companies Act. 2013 read with

Rule 20 and 21 of the Companies {Management and Administration)

Rules, 2014

Dear Sir,

I, Balraj Sharma of M/s Balraj Sharma & Associates, Company Secretaries (MN.FCS 1605, CF. 824) having office at 206, Munish Plaza, 20, Ansari Road, Opp. Fire

Station, Darya Ganj, New Delhi - 110002, appointed as Scrutinizer(s) of United

Drilling Tools Limited ("The Company") pursuant to Section 108 and 109 of the

Companies Act, 2013 and Rule 20 and 21 of the Companies (Management and

Administration) Rules, 2014, for the purpose of Scrutinizing the e- voting and poll

process taken on the below mentioned resolutionls), at the 37”1 Annual General

Meeting of the Shareholders of United Drilling Tools Limited, held on Friday the

20"1 day of September, 2019 at Maharani Bagh Community Centre, 1, Central

Avenue, Maharani Bagh, New Delhi - 110065, submit our report as under:

1. The e-voting period remained open from 10:00 AM on 17m day of September,2019 and upto 5:00 PM on 19‘h day of September, 2019. The CDSL e-votingplatform was unblocked thereafier and the vote cast under 8- voting facility was

then unblocked in the presence of following two witnesses not being in the

Page 1 of 10

employment of the Company They have signed in confirmation of the votes

being unblocked'1n their presence:I

\

Signaturecfigfiw SignaturesQwéMs. Aakanksha .laifswal Ms. Preeti

I have scrutinized and reviewedthe voting through electronic means and votes

tendered therein based on the data downloaded from the CDSL e —

voting

system.

2. Thereafter, the details, containing, inter—alia, list of equity shareholders, who

voted "For" and ”Against"; were downloaded from the e-voting website

https://www.evotingindia.com.

3. After the time fixed for closing ofthe poll by the Chairman at the 37th Annual

General Meeting of the Company, tin/o ballot boxes kept for polling were

locked in our presence with due identification marks placed by us. The locked

ballot boxes were subsequently opened in our presence and poll papers were

diligently scrutinized. The poll papers were reconciled with the records

maintained by the Company / Registrar and Transfer Agents of the Company.

The poll papers, which were incomplete and which were otherwise found

defective were treated as invalid and kept separately.

4. The total numbers of valid Ballots (Physical and E- voting) received were 77

(Seventy Seven) for 1,77,78,79!) (One Crore Seventy Seven Lakhs Seventy EightThousand Seven Hundred and Ninety) shares.

5. The result of the e- voting and poll is as under:

Item No. 1:

To receive, consider and adopt the Audited Financial Statements of the

Company for the financial year ended March 31, 2019, together with the report

of Board of Directors and Auditors thereon. (Ordinary Resolution)

(i) Voted in favour of the resolution:

‘Page 2 of 10

Particulars Number of Number of votes % of total number

Members Voted cast in favour of of valid votes cast

resolution

Poll 62 1,43,70,698 80483

E-Voting 15 34,08,092 19.17g

Total 77 1,77,78,790 100

(ii) Voted against the resolution:

Particulars Number of Number of votes % of total number

Members voted cast against the of valid votes cast

through electronic resolution

voting system

Poll NIL NIL NIL

E~yoting NIL NIL NIL

Total NIL NIL_

NIL

(iii) Invalid votes:

Total number of Total Number of votes

members cast by them

(In person or by proxy)whose votes were

declared .

invalid

05 822

Item No.2:

To appoint a Director in place of Mr. Kanal Gupta, having DIN: 01050505, who

retires by rotation and belng eligible, offers himself for re-appointment.

(i) Voted in favour of the resolution:

Page 3 am

,

0.x,mw.um,uw.,,,.m,,

a

Particulars Number of Number of votes cast % of total

Members Voted In‘favour of number of valid

resolution votes cast

P0“ 62 1,43,70,698 80.83

E-Voting 15 34,08,092 19.17

Total 77 1,77,78,790 100°

(ii) Voted against the resolutiom‘‘

Particulars Number of,

Number of votes % of total number

Members voted‘

cast against the of valid votes cast

through-electronic resolution

votingsystémPoll

'

NIL NIL NIL

E'Voting NII. NIL NIL

TotalN

NIL NIL NIL

(iii) Invalid votes:~

Total number of Total Number of votes

members cast by them

(inparson or by proxy)whose votes were

declared

Invalid05 822

Item No. 3:

3. Re-appointment of M/s R S Dani & (20., Chartered Accountants as StatutoryAuditors of the Company.

Voted in favour of the resolution:

Ragei‘of 10

Particulars Number of Number of votes cast % of total'

Members Voted in favou‘r of resolution number of valid‘

votes cast‘

Poll 62 1,43,70,698 80.83*

E—Voting 15 34,033,092 19.17

Total 77 1,77,78,790 100"

(ii) Voted: against the resolution:

Particulars Number 5% Number of votes % of total number

Members voted ~

cast against the of valid votes cast

through electronic resolution

voting system _

Poll NIL'

NIL NIL

E—Voting NlL‘

NIL NIL

Total NIL”

_

NIL NiL

(iii) invalid votes:

Total number of Total Number of votes

members cast by them

(in person or by proxy)whose votes were

declared

invalid

05 322‘

item No. 4:

4. To confirm the payment of interim dividend on Equity shares and to declare a

Final Dividend on paid up Equity share capital of‘the Company for the financial

year 2018-19.

Page 5 of10

PM"? ifi __-

"

l) Voted in favour of the resolution:2

Particulars Number of Number of votes cast % of total

Members Voted in favour of resolution number of valid

votes cast .

Poll 52 1,43,70,698 80.83

iii-Voting 15 ,

‘

34,08,092'

19.17

regal 77 1,77,78,790 100

(ii) Voted against the resolution:

Particulars Number of Number of votes % of total number

Members voted cast against the of valid votes cast

through electronic resolution

, voting system

Pal! NlL NlL NIL" “

E-Voting NiL NIL NIL

Total NIL NlL NlL

(iii) invalid votes:

Total number of Total number of votes

members cast by them

(in person or by proxy)whose votes were

declared‘

invalid I

05 822

item No. 5:

Re-appo’intment of Mr. Shiv Sharan Kumar Bhagat (DIN: 00841981), as an

independent Director of the Company.‘

Page 6 of 10

i) Voted in favour of the resolution:i

Particulars Number of, Number of votes cast % of total

Members Vbted In favour of number of valid

,

,

,

resolution votes cast°

P0" 62"

1,43,70,698 80.83

E-Voting 13 34,08,092 19.17

TotaI [77; ,_1,77,78,790 100

(ii) Voted against the resolution:

Particulars Number of Number of votes % of total number

Membersvoted cast against the of valid votes cast

through elestrohio resolution

voting system,POII NIL

"

NIL NIL

E-Voting NIL _

NIL NIL

Total NIL NIL NIL

(iii) lnvalid votes:

invalid

Total number of

members

(in person or by proxy)whose votes were

declared

Number of votes cast bythem

05 822

Item No. 6:

Revappointment of Mr. Krishan DiyaI Aggarwal (DIN:

Independent Director of the Company.

Page 7 of 10

Voted in favour of the resolution:

5

Particulars Number ofINumber of votes cast % of total

Members Voted in favour of number of valid

resolution votes cast .

Poll 62 1,43,70,698 80.83

E-Voting 15 34,08,092 19.17

Total 77 1,17,78,790 100

(ii) Voted against the resolution:

Particulars Number of Number of votes % of total number

Members voted cast against the of valid votes east

through electronic resolution

voting system, Poll NIL NlL NIL

E—Vo-ting NIL NlL NIL

Total NIL NIL NiL

(iii) invalid votes:

Total number of Number Of votes cast by

members them

(in person or by proxy)whose votes were

declared

invalid

05 822

item No. 7:

Increase in the remuneration of Mr. Framed 'Kumar Gupta (DIN 00619482),

Chairman and Managing Director of the Company.

Page '8 of 10

I) Voted in favour of the resolution:;

S

Particulars Number of Number of votes cast % of total

Members allotted in favour of number of valid

,, resolution votes cast'

Pollso i_, _ ,, .

,

3,998 0.15

E-Voting”

\

-: 26,18,132 99.85Total

,774 26,22,130 100

(ii) Voted against the resolutiOn:

Particulars Number of Number of votes % of total number

Members voted cast against the of valid votes cast

through electronic resolution

votinsisvistemPoll

_

NIL,

NIL NIL

E~Voting Nil. NIL NIL

Total NIL NIL NIL

(iii) invalid votes:

Total number of

L

Number of votes cast bymembers them

e

(in person or by proxy)whose votes Were

declared

invalid

’08 . 1,51,57,482

*Note: Out of the total n mbe of 8 El ht members whose vot s were

declared invalidl 3‘ (three! memberg wergfrgm the Promoter Groug whosevotes wer not counted as the wereai terested in the assin of the above

resolution .

Page 9 of 10

:

i

6. The register, all the papers and relevant records relating to electronic votingshall remain in our safe custody until the Chairman considers, approves and

signs the minutes of the aferesalden‘nual General Meeting and the same are

handed over to the Company i‘‘

,-ta’ny for the safe keeping.

Thanking you

Yours faithfully,

«For Balmj Sharma & Associates

qu’pany Secretaries

(Balraj' Sharma)

(:2 No. 824

ms No. 1605

Dated: 21.09.2019 Na TQOLS LTD--

o DRlLLIPlace: New Delhi

UN“!.

Company “W”

Page 10 of 10