Deccan Gold Mines Ltd — Important, 07-08-2026: Company Update

Deccan Gold Mines' board has approved a substantial capital raise through a preferential issue to non-promoters. This plan includes issuing 8.57 lakh Compulsorily Convertible Debentures (CCDs) for approximately Rs. 16.45 Cr, 3.91 lakh equity shares for Rs. 7.50 Cr, and 59.26 lakh equity warrants valued at Rs. 113.72 Cr. All securities are priced at Rs. 191.90 each. This move is designed to inject significant funds into the company. An Extra-Ordinary General Meeting (EGM) will be convened to seek shareholder approval for these crucial capital-raising initiatives.