Deccan Gold Mines Ltd — Important, 05-06-2026: Company Update

June 05, 2026

To,

Corporate Relationship Department

BSE Limited

Phiroze Jeejeebhoy Tower,

Dalal Street, Mumbai - 400 001

Scrip Code: 512068

Dear Sir,

Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations, 2015

1. We write to intimate that the Company has completed the documentation regarding availing

debt funding of Rs. 40 Crore from Godawari Power & Ispat Limited, Chhattisgarh

(“Godawari”).

2. The details as required under Regulation 30 read with Schedule III- Para B of Part A of the

Listing Regulations & SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026

dated January 30, 2026 is enclosed as ‘Annexure I’.

Please take the above on record and acknowledge.

Yours truly,

For Deccan Gold Mines Limited

Subramaniam S.

Company Secretary & Compliance Officer

Membership No.: ACS 12110

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‘Annexure I’

Brief disclosure pursuant to Regulation 30 read with Schedule III- Para B of Part A of the Listing

Regulations & SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated

January 30, 2026:

Sr.

No

Particulars Details

1 Names of the Parties to the

agreements

1. Deccan Gold Mines Limited (“Borrower”)

and

2. Godawari Power & Ispat Limited

(“Lender”)

2 Purpose of entering into the

agreement

To be utilised primarily for financing the completion

and development of the Altyn Tor Gold Project being

undertaken by Avelum Partner LLC, a subsidiary of

Deccan Gold, in the Kyrgyz Republic and for other

project development and working capital and

general administrative purposes

3 Size of the Agreement Rs. 40 Crore

4 Shareholding in the entity with whom

the agreement is executed

Nil

5 Significant terms of the agreement (in

brief) special rights like right to

appoint directors, first right to share

subscription in case of issuance of

shares, right to restrict any change in

capital structure etc.

Tenure: 12 months

Interest: 12% per annum on a quarterly

compounding basis, payable not letter than 7 days

before the end of the respective quarter.

6 Whether the said parties are related

to promoter/promoter group/ group

companies in any manner. If yes,

nature of relationship

No

7 Whether the transaction would fall

within related party transactions? If

yes, whether the same is done at

“arm’s length”

No

8 In case of issuance of shares to the

parties, details of issue price, class of

shares issued

Not Applicable

9 In case of loan agreements, details of

lender/borrower, nature of the loan,

total amount of loan granted/taken,

total amount outstanding, date of

execution of the loan

agreement/sanction letter, details of

the security provided to the lenders /

by the borrowers for such loan or in

case outstanding loans lent to a party

or borrowed from a party become

material on a cumulative basis

Borrower: Deccan Gold Mines Limited

Lender: Godawari Power & Ispat Limited

Nature of the loan: Debt Funding

Total amount of the Loan: Rs. 40 crores

Date of Loan agreement: June 05, 2026

Security: Pledge of 5,00,000 equity shares held by

the Borrower in Geomysore Services (India)

Private Limited

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10 Any other disclosures related to such

agreements, viz., details of nominee

on the board of directors of the listed

entity, potential conflict of interest

arising out of such agreements, etc

Not applicable

11 Details of termination or amendment of

agreement

Not applicable

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