Central Mine Planning & Design Institute Limited (CMPDI), a subsidiary of Coal India Limited, has appointed new internal auditors for the financial year 2026-27. The decision was taken by the Board of Directors during its meeting on May 20, 2026, based on the recommendation of the Audit Committee. The appointment is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company has appointed three firms as internal auditors. M/s JAIN SARAOGI & CO. (FRN-305004E/E30028) has been designated as the Lead Internal Auditor. The other appointed firms are M/s K.L.BANERJEE & CO. (FRN-313107E) and M/s S.K. LULLA & CO. (FRN-002336C). The initial appointment is for the financial year 2026-27, with a provision for extension for two times, one year each, covering the financial years 2027-28 and 2028-29.

Profile of Appointed Auditors

The appointed auditors bring significant experience in statutory and internal audits. M/s JAIN SARAOGI & CO., registered in 1965, has experience with public sector undertakings, banks, and mining companies. M/s K.L.BANERJEE & CO., registered in 1980, specializes in audits for central and state public sector undertakings and mining companies. M/s S.K. LULLA & CO., registered in 1984, has experience with public sector undertakings, insurance companies, and mining firms. All firms are noted for their proficiency in working with SAP ERP.

Transition from Previous Auditors

The new appointments follow the completion of the tenure of the previous internal auditors. M/s B V RAO & CO., M/s SRB & ASSOCIATES, and M/s B.RATTAN & ASSOCIATES concluded their term on March 31, 2026. The change was effected due to the completion of their tenure period.

Central Mine Planning & Design Institute Limited (CMPDIL) has reconstituted its Board of Directors following the appointment of Shri Anand Mohan as Director (Technical). The appointment was made pursuant to an Office Order issued by the Ministry of Coal, Government of India, with Shri Mohan assuming charge on the afternoon of May 11, 2026.

Board Composition

The reconstituted board comprises seven members, including three Part-Time Official Directors and four Functional Directors who are Whole-time Directors. Shri Chaudhari Shivraj Singh continues to serve as the Chairman-cum-Managing Director.

Operational Performance

CMPDIL reported significant progress in its drilling operations for April 2026 within the fiscal year 2026-27. The company has set a proposed target of 12.00 lakh meters for the year, comprising 4.30 lakh meters for departmental drills and 7.70 lakh meters for outsourced drilling. As of April 2026, the drilling progress achieved 103% of the target, registering a growth of approximately 11% compared to the corresponding period in the previous year. Additionally, the Total 2D/3D Seismic survey achieved 100% of its target.

Strategic Partnerships and Appointments

The Board of Directors approved a draft Memorandum of Understanding (MoU) with NTPC Mining Ltd. (NML) for the provision of consultancy services in mine development and operations. The existing MoU, valid for three years, expired on May 5, 2026. The new agreement aims to strengthen institutional collaboration and facilitate the award of additional coal mining assignments to CMPDIL on a nomination basis. While the MoU does not involve direct financial commitment, services rendered will be chargeable as per prevailing norms, with fees mutually agreed upon for each project.

In a regulatory filing, CMPDIL also announced the appointment of its Statutory Auditor, M/s Deoki Bijay & Co., Chartered Accountants, as the Tax Auditor for the Financial Year 2025-26. The remuneration for the tax audit was fixed at ₹1,17,950 plus GST and out-of-pocket expenses, subject to a ceiling of 50% of the audit fees.