Deccan Gold Mines Ltd — Important, 04-12-2025: Company Update

Deccan Gold Mines has secured Godawari Power & Ispat as a 'Specific Investor' for its proposed Rights Issue of 3,93,37,893 equity shares at Rs. 80 each, potentially raising up to Rs. 314.70 Cr. Godawari Power & Ispat commits to subscribe to any unsubscribed portion, ensuring at least 90% of the total issue size is subscribed. The investor also retains the right to take up to 100% of any undersubscribed shares, provided their post-issue shareholding in Deccan Gold Mines does not exceed 25%. This commitment significantly enhances the certainty of the capital raise.