Deccan Gold Mines Ltd — Important, 05-01-2026: Company Update

Deccan Gold Mines has successfully repaid all outstanding loans and accrued interest, becoming debt-free after its ₹314.70 crore Rights Issue. This move strengthens the company's balance sheet and boosts financial flexibility for accelerating project execution. Repayments include ₹75 crore to Ardent Steels, ₹120 crore to Godawari Power & Ispat, and ₹8 crore to Hira Ferro Alloys. This achievement delivers on its Rights Issue commitment, aiming to enhance investor confidence and support significant investments in exploration and production, positioning Deccan Gold for a high-growth phase in mining.