Coal India Limited has appointed M/s Bandyopadhyaya Bhaumik & Co. as its Cost Auditor for the financial year 2026-27. This decision was made based on the recommendation of the Audit Committee and approved by the Board of Directors on June 16, 2026. The firm brings extensive experience in cost and management accounting services to the role, ensuring compliance and financial oversight for the company.
Cost Auditor Appointed for FY 2026-27
Coal India Limited’s Board of Directors, during its meeting on June 16, 2026, has officially appointed M/s Bandyopadhyaya Bhaumik & Co. as the Cost Auditor for the company. This appointment is for conducting the Cost Audit of the Company (Standalone) for the upcoming financial year, 2026-27. The decision follows the recommendation of the Audit Committee, underscoring a procedural diligence in selecting the auditing firm.
About the Appointed Firm
Founded in 1994, Bandyopadhyaya Bhaumik & Co. is a well-established firm specializing in Cost and Management Accounting. They offer a broad spectrum of services, including Cost Audit, Internal Audit, Management Audit, and System Audit, among others. With over three decades of operational experience, the firm boasts a team of highly skilled professionals, including Engineers, Valuers, Lawyers, Cost Accountants, and Chartered Accountants. They are known for providing tailored solutions across various industries, notably Oil & Gas, Chemicals & Fertilisers, Construction, and Real Estate, and have a significant track record with leading Navratna and Maharatna Public Sector Undertakings (PSUs) and private sector companies.
Key Appointment Details
The appointment of Bandyopadhyaya Bhaumik & Co. marks no change in the Cost Auditor for Coal India Limited, continuing from FY 2025-26. The Board meeting where this was finalized took place on June 16, 2026. The firm’s expertise is crucial for ensuring accurate cost accounting practices and compliance for Coal India Limited during the specified financial year.
Source: BSE
