Deccan Gold Mines Ltd — Important, 22-05-2026: Company Update

Deccan Gold Mines shared updates, highlighting a transformative period. Its associate, Geomysore, achieved profitability at Jonnagiri Gold Project, with DGM's share of PAT projected at 120 Cr for FY2027. The Kyrgyzstan project, 60% owned by DGM, anticipates full commercial gold production by August, contributing an estimated 60 Cr PAT in FY2027. DGM also reported encouraging drill results from its 100% owned Bhalukona Nickel-Copper-PGE project, showing economic mineralization. A recent rights issue raised 315 Cr, clearing all outstanding debts. DGM seeks 60-100 Cr for the Kyrgyzstan project. Future plans include developing more mines and critical mineral projects by 2030.