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Deccan Gold Mines LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Rama Mines (Mauritius) Ltd. has announced a disposal of 3,263,518 shares of Deccan Gold Mines Limited through open market transactions, reducing its holding from 16.10% to 14.02% of the company’s paid-up share capital. The total equity capital of Deccan Gold Mines now stands at 15.69 crore shares. This reduction crosses a 2% threshold, marking a notable decline in Rama Mines’ stake. The ongoing share disposals reflect a strategic reduction in their investment, impacting their influence over Deccan Gold Mines’ operations and shareholder dynamics.

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