Deccan Gold Mines Ltd — Important, 30-08-2025: Company Update

Deccan Gold Mines has secured an additional Rs. 40 Cr in debt funding from Godawari Power & Ispat. Up to 90% of this new loan will be invested in the erection and early commissioning of the Altyn Tor Gold Project in Kyrgyzstan, with the remainder for general corporate purposes. Additionally, the company modified the utilization of a previous Rs. 30 Cr loan, now allocating up to 75% for the same Kyrgyzstan Gold Project. The total debt availed from Godawari now totals Rs. 120 Cr, which is secured by pledged shares in Geomysore Services India Private Limited. This funding is crucial for advancing the Kyrgyzstan gold project.