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

Deccan Gold announced the financial results for the quarter, reporting a ₹6.64 Cr share of profit from associates and a standalone net profit of ₹1.15 Cr, a significant turnaround from a ₹15.59 Cr loss last year. The Altyn Tor Gold Project in the Kyrgyz Republic entered production, expected to boost future revenues. The Board approved a proposed capital raise of over ₹1,370 Cr through CCDs, equity shares, and warrants, subject to shareholder approvals. These funds will support expansion and strategic investments. Board leadership was also strengthened, and an Extraordinary General Meeting will seek shareholder consent for the capital raise.