CMPDIL Reports Drilling Progress Update, Reconstitutes Key Committees, Appoints Statutory Auditor

CMPDIL Reports Drilling Progress Update, Reconstitutes Key Committees, Appoints Statutory Auditor​

Central Mine Planning & Design Institute Limited (CMPDIL) detailed the outcomes of its 310th Board meeting held on July 10, 2026. The meeting reviewed operational achievements for FY 2026-27 and approved changes to corporate governance structures, including the reconstitution of the Audit and Risk Management Committees, as well as the appointment of a Statutory Auditor for the first quarter review.

Operational Drilling Progress Appraisal​

The Board appraised the progress of drilling activities up to May 2026 in Financial Year 2026-27 against the proposed targets. CMPDIL had initially set a target of 12.00 lakh m for FY 2026-27, which was divided between departmental and outsourced activities.

Outcomes of the drilling activity are detailed below:


The overall achievement in total drilling up to May 2026 stood at 99% of the set target, marking an 11% growth compared to May 2025 figures. Regarding seismic surveys, the Annual Target for 2D/3D Seismic survey for FY 2026-27 was 475.00 Line Km. Against this goal, CMPDIL achieved 70.136 Line KM by May 2026, representing 78% of the target.

Committee Reconstructions and Appointments​

The Board approved the reconstitution of two critical committees effective July 10, 2026: the Audit Committee and the Risk Management Committee.

Audit Committee Composition
The new composition of the Audit Committee includes:

• Shri Mukesh Agrawal (Chairman)
• Shri Marapally Venkateshwarlu (Member)
• Shri Ajay Kumar (Member)
• Shri Anand Mohan (Member)

Risk Management Committee Structure
The Board also approved the reconstitution of the Risk Management Committee. The committee structure includes a Chairman, a Member, and another Member.

Statutory Auditor Appointment for Q1 Review​

Following a recommendation by the Audit Committee, the Board approved the appointment of M/s Deoki Bijay & Co., Chartered Accountants, as the Statutory Auditors of CMPDIL for FY 2025-26. The firm was appointed on nomination basis to conduct the Review of Accounts for the First Quarter of CMPDIL for FY 2026-27.

The approved remuneration for this review is ₹1,47,500/- after rounding up to the nearest 100, which corresponds to 25% of the Annual Audit fees for FY 2025-26 (Rs 589800.00), plus applicable taxes and actual out-of-pocket expenses, limited to a maximum of 50% of the Limited Review fees.

CMPDI Stock Price Movement​

Today, Central Mine Planning & Design Institute Limited shares edged higher to settle at ₹267, following a daily gain of 1.27%. The stock traded with a volume totaling approximately 2.74 million shares in the market today.