CMPDI and NTPC Mining Ltd. signed a 3-year MoU for coal mining assignments. CMPDI will receive nomination-based projects, with fees agreed per project. This strengthens collaboration and offers future business opportunities.
CMPDIL's board reconstituted with new directors. Drilling achieved 103% of the April target. A draft MoU with NTPC Mining Ltd. for consultancy services was approved.
The company has announced its financial results for the quarter and year. A final dividend of Rs. 1.06 per share is being proposed. The auditors noted some discrepancies in fixed asset records and some pending reconciliations in other current liabilities.
CMPDI exceeded its FY26 drilling target (11.50 lakh m vs 11 lakh m), up 14%. Seismic survey achieved 101% of target. New MoU with MECL for mineral exploration is approved for five years. Capital expenditure of ₹24.88 Cr planned for REE block exploration.
