Deccan Gold Mines Ltd — Important, 25-11-2025: Company Update

The company shared an update on its gold projects, confirming the Jonnagiri plant is commissioned and in full production, with output figures anticipated soon. The Kyrgyzstan gold project is also initiating trial production within weeks. To strengthen its balance sheet and fund future growth, the company plans a rights issue to raise approximately Rs.315 Crores. The primary use of these funds will be to repay Rs.200 Crores of existing debt, with the remainder allocated to accelerate exploration across new critical mineral and gold projects in India, Mozambique, and Finland. This strategy aims to solidify its position as a diversified mid-tier producer by 2030.