Deccan Gold Mines Ltd — Important, 07-08-2026: Company Update
07-08-2026 | 09:00 pm
07-08-2026 | 09:00 pm
Deccan Gold Mines' Monitoring Agency Report confirms Rs 314.70 Cr from its Rights Issue is largely deployed. Funds were used for inter-corporate debt repayment and strategic investments, including a shareholder-approved reallocation of Rs 52.69 Cr to subscribe to associate Geomysore's rights issue. No new funds were utilized during the quarter ending June 30, 2026. The report highlights that fund utilization aligns with the amended objectives, demonstrating adherence to stakeholder-approved plans for its gold mining projects and business growth. A minimal Rs 0.06 Cr remains unutilized.
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