CMPDIL reappoints Shome & Banerjee as cost auditor for FY27

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Key Highlights
  • Central Mine Planning & Design Institute reappointed M/s Shome & Banerjee as cost auditor for FY27
  • Board approved the renewal on September 17, 2026, based on Audit Committee recommendations
  • Shome & Banerjee also served as cost auditor for FY26, ensuring continuity
  • The firm was founded in 1968 and holds FRN 000001
  • Compliance disclosure made under Regulation 30 of SEBI LODR
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Central Mine Planning & Design Institute has renewed the appointment of M/s Shome & Banerjee as its cost auditor for the financial year 2026-27. The company’s board approved the decision during a meeting held on September 17, 2026.

The reappointment ensures continuity in the cost audit process, as Shome & Banerjee served in the same capacity during FY25-26. The move follows recommendations from the Audit Committee and complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile

Shome & Banerjee, founded in 1968 with Firm Registration Number 000001, is a Kolkata-based cost and management accounting firm. The firm offers services including cost audit, internal audit, management audit, system audit, and risk management. It serves diverse sectors such as oil and gas, metals and mining, chemicals, construction, and real estate.

With over five decades of experience, the firm employs engineers, valuers, lawyers, cost accountants, and chartered accountants. It has significant experience working with Navratna and Maharatna public sector undertakings as well as private sector companies.

Historical Stock Returns for Central Mine P & D Institute

1 Day5 Days1 Month6 Months1 Year5 Years
+0.94%-10.91%-13.30%+33.51%+33.51%+33.51%

How might the continuity of Shome & Banerjee as cost auditors influence Central Mine Planning & Design Institute's operational efficiency and compliance reporting for FY26-27?

What specific risk management or internal audit enhancements is Shome & Banerjee expected to implement given their expanded service portfolio?

Could this reappointment signal a broader industry trend among Indian mining PSUs towards retaining long-term audit partners for regulatory stability?

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CMPDI appoints Sanjay Bajoria & Associates as statutory auditor for FY27

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Reviewed by
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Key Highlights
  • CMPDI appoints M/s Sanjay Bajoria & Associates as statutory auditors for FY27
  • Appointment follows CAG letter dated September 9, 2026
  • Ranchi-based firm holds ER0189 registration and Peer Review Certificate No. 017662
  • Disclosure made under Regulation 30 of SEBI LODR Regulations
  • No related-party relationships exist between CIL directors and the audit firm
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Central Mine Planning & Design Institute Limited has appointed M/s Sanjay Bajoria & Associates as its statutory auditors for the financial year 2026-27. The appointment follows a directive from the Office of the Comptroller and Auditor General (CAG).

The CAG issued the appointment letter on September 9, 2026, which the company received on September 17, 2026. The firm, based in Ranchi, holds registration number ER0189.

Auditor Profile

M/s Sanjay Bajoria & Associates is a peer-reviewed firm of chartered accountants established in April 1987. The firm holds Peer Review Certificate No. 017662 and engages in statutory audit and allied professional services.

Regulatory Compliance

The company disclosed the appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that no directors of Coal India Limited are related to the appointed audit firm.

Historical Stock Returns for Central Mine P & D Institute

1 Day5 Days1 Month6 Months1 Year5 Years
+0.94%-10.91%-13.30%+33.51%+33.51%+33.51%

How might the appointment of a Ranchi-based firm impact Central Mine Planning & Design Institute's operational oversight in eastern India?

What are the expected timelines for the commencement of statutory audits for FY 2026-27 under this new engagement?

Will this change in auditors influence Coal India Limited's broader strategy for selecting statutory auditors for its other subsidiaries?

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