United Drilling Tools Secures Repeat Export Order from Russian Company Trident East Limited
United Drilling Tools Ltd. has secured a repeat export order from M/s Trident East Limited of Russia for specialized equipment used in the Oil and Gas Industry. The contract pertains to the supply of 'Puma Connector' along with associated accessories, marking a significant international commercial achievement for the oil drilling equipment manufacturer.The order was placed by the international entity, Trident East Limited, and is valued at an estimated INR 93,07,245/-. This repeat business contract includes supplying the specified product suite within a timeframe of five to six months.
The transaction details highlight that the order is purely commercial in nature. Furthermore, the company confirmed that neither promoters nor their group companies have any interest in Trident East Limited, and the order does not fall under related party transactions.
Key details regarding the export order awarded by M/s Trident East Limited are provided below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Trident East Limited, Russia |
| Product Supplied | PUMA-Connector along with accessories |
| Order Nature | Commercial |
| International Status | International |
| Execution Period | 5 to 6 months |
| Estimated Contract Value | INR 93,07,245/- |
| Promoter Interest | No |
UNIDT Stock Price Movement
As of 12:09 PM, United Drilling Tools Limited stock is shedding ground in live trading, slipping 0.72% to trade at ₹229.95 per share. The movement is currently supported by a relatively subdued volume of 3,529 shares traded so far this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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