Announced Wed, 20 May · 21:28 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
Up moveDown movePending
AI summary

The Board of Directors of CMPDIL appointed three new internal auditors for FY 2026-27: M/s Jain Saraogi & Co. (as Lead Internal Auditor), M/s K.L. Banerjee & Co., and M/s S.K. Lulla & Co. The appointment includes provisions for one-year extensions for FY 2027-28 and FY 2028-29, subject to performance review. The previous internal auditors—M/s B V Rao & Co., M/s SRB & Associates, and M/s B. Rattan & Associates—completed their tenure on March 31, 2026. All three new firms have extensive experience auditing public sector undertakings and mining companies.

Likely market impact

This is a routine change in internal auditors following tenure completion. It has no direct impact on stock price but reflects good governance practices through periodic rotation of audit firms.