Central Mine Planning & Design Institute Limited has informed the Exchange regarding 'Outcome of Board Meeting held on 20-05-2026'.
CMPDI · price
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CMPDIL's Board of Directors meeting on 20 May 2026 covered four key items. First, the board was reconstituted with 7 members effective 11 May 2026, including the appointment of Shri Anand Mohan as Director (Technical). Second, drilling operations for FY 2026-27 show strong progress with a target of 12 lakh metres (4.30 lakh departmental + 7.70 lakh outsourced), already achieving 103% of target in April 2026 with 11% growth over the previous year. Third, the board approved a new 3-year MoU with NTPC Mining Ltd for coal mining consultancy services, replacing an expired agreement, with no direct financial commitment but chargeable fees on a project basis. Fourth, M/s Deoki Bijay & Co. was appointed Tax Auditor for FY 2025-26 at a remuneration of ₹1,17,950 plus GST.
The board changes and MoU renewal are routine governance matters for this Coal India subsidiary with no immediate financial impact. Strong drilling performance exceeding targets signals operational efficiency, which is positive for future project pipeline and consultancy revenue.