{RIGHTS_NAME} Rights Issue Details

Deccan Gold Mines Ltd Rights Issue Details

Issue Size (Shares)	3,93,37,893	Issue Size (Amount)	-
Issue Price	₹80.00 per share	Face Value	₹1.00 per share
Terms of Payment	Issue Price of Rs.80/- per Share is payable on Application.	Listing At	BSE
Ratio	150:601	Issue Size (₹ Crores)	₹314.70

Deccan Gold Mines Ltd is an Indian public-listed company (BSE: 512068) focused on mineral exploration, primarily gold. Its core business comprises exploration, development, and — increasingly — production of gold (and other critical/strategic minerals) in India and abroad.

Business model:

Exploration & Resource Identification — using geological, geophysical, geochemical and drilling techniques.
Development of Mining Projects — converting promising deposits into commercially viable mines. Example: Jonnagiri Gold Project (via Geomysore) in India; and Altyn Tor Gold Project in Kyrgyzstan.
Diversification into Critical/Strategic Minerals & Global Assets ;— moving beyond domestic gold exploration to global operations and multi-metal & critical-mineral resources (e.g. Ni-Cu-PGE, lithium) to tap broader demand and strategic opportunities.
Mineral Exploration Consultancy & Services — through a subsidiary, Deccan Gold FZCO (Dubai), the company also offers geological consultancy and exploration services — particularly in Africa, CIS regions, etc.

DGML’s operations span several projects, both within India and internationally.

Deccan Gold Mines Ltd Rights Issue Timetable

Last Date to buy shares	Mon, Dec 08, 2025	Record Date	Tue, Dec 09, 2025
Credit of Rights Entitlements	Wed, Dec 10, 2025	Bid/Offer Opens On	Wed, Dec 17, 2025
Renunciation of Rights Entitlements	Mon, Dec 22, 2025	Bid/Offer Closes On	Fri, Dec 26, 2025
Deemed Date of Allotment	Mon, Dec 29, 2025	Credit Date	Tue, Dec 30, 2025
Listing Date	Wed, Dec 31, 2025

Company Financials

Deccan Gold Mines Ltd's revenue increased by 44% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	31 Mar 2025	31 Mar 2024
Total Income	5.18	3.59
Profit After Tax	-45.03	-64.38
Reserves and Surplus	225.17	196.68

Amount in ₹ Crore

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

Repayment of Inter Corporate Deposits availed by the Company from Godawari Power and Ispat Limited, Ardent Steel Private Limited and Hira Ferro Alloys Limited;
Investment in Avelum Partner LLC, Kyrgyzstan, our subsidiary for further project development and enhancement of resources at its Altyn Tor Gold Mine, Kyrgyzstan;
Funding unidentified strategic investment and acquisition to pursue inorganic growth for the development of new brownfield exploration projects;
General Corporate Purposes.

Deccan Gold Mines Ltd Rights Issue Subscription Status

Deccan Gold Mines Rights Issue 2025 is subscribed 0.52 times as on Dec 23 2025 17:00:00. The total bid quantity received by BSE is 2,04,51,283 shares.