Announced Wed, 20 May · 20:25 IST

Central Mine Planning & Design Institute Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

CMPDI · price

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Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹228.40
prior close
₹230.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.1+2.6+2.2+3.1+3.0+7.4+7.6+9.2+3.8+3.6+4.2+10.2+16.4
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AI summary

The Board of Directors of CMPDIL, in a meeting held on May 20, 2026, recommended the appointment of M/s Mahata Agarwal & Associates, a peer-reviewed firm of Practicing Company Secretaries (UID: P2021WB088100), as the Secretarial Auditor of the company for a term of 5 consecutive years — from FY 2025-26 through FY 2029-30. The appointment follows a GeM tender process and the recommendation of the Audit Committee, and is subject to approval by shareholders at the ensuing Annual General Meeting. The firm was formed in 2021 and provides secretarial, compliance, and governance advisory services to listed companies. This is a routine corporate governance appointment under Regulation 24(A) of SEBI LODR Regulations, 2015, not a replacement of the company's statutory financial auditor.

Likely market impact

This is a standard appointment of a secretarial auditor for compliance purposes. It does not signal any financial or leadership risk and is unlikely to have any direct impact on the stock price. Shareholders will vote on the appointment at the upcoming AGM.