A decision in this regard was taken at a cabinet meeting chaired by chief minister Pinarayi Vijayan here.
A direction on the audit will be given to all PSU officials concerned, a government press release said.
Three women employees of KMML were killed and 50 others injured when the iron footbridge collapsed on October 30.
The cabinet meeting also decided to direct KMML to provide financial assistance of Rs 10 lakh to the next of kin of the three employees.
The company will also be asked to look into the possibility of providing jobs to a member of the family.
All treatment expenses of the 32 employees who were injured in the mishap, will be met by the company.
Additional Chief Secretary (Industries) Paul Antony, will be conducting a comprehensive probe into the cause of the bridge collapse and file a report within 15 days, according to the release.
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