Coal India Limited’s Board has appointed M/s Bandyopadhyaya Bhaumik & Co. as the Cost Accountants for the financial year 2026-27. This decision, ratified by the Audit Committee, follows a recommendation that was presented and approved at the Board meeting held on June 16, 2026. This appointment ensures compliance with cost audit requirements for the upcoming fiscal year.
Board Approves Cost Auditor Appointment
Coal India Limited has officially announced the appointment of M/s Bandyopadhyaya Bhaumik & Co. as its Cost Accountants. This crucial decision was made by the company’s Board of Directors during a meeting held on June 16, 2026. The appointment is for the purpose of conducting the Cost Audit of the Company for the upcoming financial year, 2026-27.
Recommendation and Ratification
The appointment of M/s Bandyopadhyaya Bhaumik & Co. was based on the recommendations put forth by the Audit Committee. This recommendation was subsequently considered and approved by the Board, ensuring a thorough and compliant process for selecting the firm responsible for auditing the company’s cost records.
Firm Profile
M/s Bandyopadhyaya Bhaumik & Co. is a well-established firm founded in 1994, specializing in Cost and Management Accounting services. With over three decades of experience, the firm offers a comprehensive suite of services including Cost Audit, Internal Audit, Management Audit, and System Audit. They cater to a diverse range of industries, including Oil & Gas, Chemicals & Fertilisers, and Construction, and have extensive experience working with prominent Navratna and Maharatna Public Sector Undertakings (PSUs).
Disclosure of Relationships
There is a declared No Relation between the appointed cost auditors and the directors of Coal India Limited.
Source: BSE
