Summary of Key Information:

Reporting Period: Operational performance up to August 2026 in FY 2026-27

Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI Listing Regulations

Key Financial Highlights:

Operational Performance:

  • Annual Drilling Target for FY 2026-27: 12.00 lakh meters
  • Departmental drilling target: 4.30 lakh meters
  • Outsourcing drilling target: 7.70 lakh meters
  • Achievement up to August 2026:
  • Departmental drilling: 1.596 lakh meters (107% of target)
  • Outsourced drilling: 2.816 lakh meters (98% of target)
  • Overall achievement: 101% of target
  • Year-over-year growth: 12% compared to August 2025
  • Seismic Survey Performance:
  • Annual Target for FY 2026-27: 475.00 Line Km
  • Achievement up to August 2026: 150.616 Line Km (116% of target)

Corporate Actions:

Memorandum of Understanding Approvals:

1. MoU with Oil India Limited:

  • Duration: 5 years
  • Purpose: Collaboration for clean energy, critical minerals and allied mining projects
  • Framework: Long-term technical collaboration through joint studies, technology sharing, consultancy services and project implementation
  • Financial commitment: Umbrella framework with no direct financial commitment
  • Implementation: Individual assignments through separate agreements on mutually agreed terms

2. MoU with CSIR-CIMFR, Dhanbad:

  • Purpose: Scientific cooperation in Surface Coal Gasification
  • Areas of collaboration: Coal and ash characterisation, gasification technologies, process modelling and simulation, reactor and process design, laboratory testing, technology evaluation, Pre-feasibility/Feasibility studies, Techno-Economic Evaluation, Environmental and Regulatory Assessment

Committee Reconstitutions (effective 17th September 2026):

Audit Committee:

  • Shri Mukesh Agrawal (Member)
  • Shri Marapally Venkateshwarlu (Member)
  • Shri Anand Shekhar Singh (Member)
  • Shri Molleti Ganapathi Rao (Member)
  • Shri Ajay Kumar (Member)

Nomination and Remuneration Committee:

  • Shri Anand Shekhar Singh (Chairman)
  • Shri Marapally Venkateshwarlu (Member)
  • Shri Mukesh Agrawal (Member)
  • Shri Rajesh Davera (Member)
  • Shri Molleti Ganapathi Rao (Member)

CSR Committee:

  • Shri Marapally Venkateshwarlu (Chairman)
  • Shri Anand Shekhar Singh (Member)
  • Shri Rajesh Davera (Member)
  • Shri Molleti Ganapathi Rao (Member)
  • Shri Nripendra Nath (Member)

Stakeholder Relationship Committee:

  • Shri Mukesh Agrawal (Chairman)
  • Shri Rajesh Davera (Member)
  • Shri Anand Shekhar Singh (Member)
  • Shri Molleti Ganapathi Rao (Member)
  • Shri Ajay Kumar (Member)

Risk Management Committee:

  • Shri Marapally Venkateshwarlu (Chairman)
  • Shri Rajesh Davera (Member)
  • Shri Anand Shekhar Singh (Member)
  • Shri Molleti Ganapathi Rao (Member)
  • Shri Rajeev Kumar Sinha (Member)
  • Shri Nripendra Nath (Member)

Auditor Appointments and Remuneration:

Cost Auditor for FY 2026-27:

  • Firm: M/s Shome & Banerjee, Cost Accountants (FRN 000001), Kolkata
  • Audit Fee: ₹5,00,000 per annum plus applicable taxes
  • Traveling and out-of-pocket expenses: Reimbursed at actuals, limited to maximum 50% of total audit fee
  • Same terms as previous year

Statutory Auditor for FY 2026-27:

  • Firm: M/s Sanjay Bajoria & Associates (ER0189), Chartered Accountants, Ranchi
  • Appointed by: Comptroller and Auditor General of India (CAG)
  • Remuneration: ₹5,89,800 plus applicable taxes and out-of-pocket expenses (subject to maximum 50% of audit fee)
  • Same terms as previous year

Statutory Auditor for Limited Review:

  • Firm: M/s Sanjay Bajoria & Associates (ER0189)
  • Scope: Limited Review of Financial Statements for Half Year ending 30.09.2026 and Nine Months ending 31.12.2026
  • Remuneration: ₹1,47,500 (25% of annual statutory audit fee of ₹5,89,800, rounded upward to nearest Rs 100) for each quarter, plus applicable taxes and out-of-pocket expenses (subject to limit of 50% of Limited Review fees)