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

Deccan Gold Mines has announced the dispatch of its Rights Issue Letter of Offer and Application Forms to eligible shareholders. The company is offering up to 39,337,893 Equity Shares at ₹80 each, with investors eligible to acquire 150 new shares for every 601 held. A key development is Godawari Power and Ispat Limited's commitment to subscribe to any unsubscribed portion. This ensures at least 90% of the issue is taken up, with potential to go up to 100% while adhering to a 25% ownership cap. The promoter group has also indicated they might not fully subscribe to their entitlements.