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Deccan Gold Mines LtdImportant, 03-12-2025: Company Update

03-12-2025 | 03:05 pm

The company has announced detailed terms for its Rights Issue, aiming to raise Rs. 314.70 Cr by issuing 3,93,37,893 new equity shares at Rs. 80 each (Rs. 1 face value + Rs. 79 premium), payable on application. The Record Date for eligible shareholders is December 09, 2025, with an entitlement ratio of 150 Rights Equity Shares for every 601 shares held. The Issue opens on December 17, 2025, and closes on December 26, 2025. This capital raise will increase outstanding shares from 15.76 Cr to 19.69 Cr (assuming full subscription), significantly bolstering the company's financial position.

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