Central Mine Planning Institute Reports Drilling, Seismic Progress and Approves International Collaboration

Central Mine Planning Institute Reports Drilling, Seismic Progress and Approves International Collaboration​

Central Mine Planning & Design Institute Limited has provided an update on its operational progress and announced several key corporate governance decisions following its board meeting held on July 20, 2026. The company reported significant achievements in drilling targets and approved a draft Memorandum of Understanding (MoU) for international collaboration in critical minerals.

Operational Progress Review​

The institute detailed the progress of drilling activities up to June 2026 for the financial year 2026-27, reporting substantial achievement against set targets. The company had initially planned a total drilling target of 12.00 lakh meters (lm) for the current fiscal year.

The achieved drilling targets are broken down as follows:


The combined achievement resulted in an overall drilling accomplishment of 99% of the target. Furthermore, the total growth in drilling achieved up to June 2026 showed a 10% increase compared to June 2025 results.

In terms of seismic surveys, the annual target for 2D/3D Seismic survey for FY 2026-27 stands at 475.00 Line Km. Against this goal, the achievement up to June 2026 reached 150.616 Line KM, which represents 116% of the target.

Governance and Committees Reconstituted​

The board meeting approved the reconstitution of multiple key committees within the company, effective from July 20, 2026. These changes include:

Audit Committee: The composition of the Audit Committee includes Shri Rajesh Davera (Chairman), Shri Mukesh Agrawal, Shri Marapally Venkateshwarlu, Shri Anand Shekhar Singh, and Shri Ajay Kumar as members.

CSR Committee: The newly constituted CSR Committee comprises Shri Marapally Venkateshwarlu (Chairman), Shri Anand Shekhar Singh, Shri Rajesh Davera, and Shri Nripendra Nath.

Nomination and Remuneration Committee: Shri Anand Shekhar Singh was appointed Chairman of the Nomination and Remuneration Committee, alongside Shri Marapally Venkateshwarlu, Shri Mukesh Agrawal, and Shri Rajesh Davera as members.

Stakeholder Relationship Committee: The committee is headed by Shri Mukesh Agrawal (Chairman), with Shri Rajesh Davera, Shri Anand Shekhar Singh, and Shri Ajay Kumar serving as members.

International Collaboration MoU Approved​

The board approved a draft Memorandum of Understanding (MoU) between Central Mine Planning & Design Institute Limited (CMPDIL) and Duke University, USA. The non-binding partnership is set for five years and aims to foster collaboration in several critical areas including critical minerals, sustainable mining, clean energy, methane mitigation, carbon credits, mine repurposing, and capacity building. This partnership will focus on joint research, technology development, sample testing, knowledge exchange, training programmes, and collaborative projects.

The board also fixed Monday, August 10, 2026, as the Cut-off Date for determining eligibility of members entitled to vote through remote e-voting and at the Annual General Meeting (AGM).

CMPDI Stock Price Movement​

Central Mine Planning & Design Institute Limited shed value on Monday, settling at ₹253.46 after failing to hold onto its prior closing price. The stock saw substantial activity as it closed the session, trading a volume of 1.21 million shares.