Deccan Gold Mines Ltd Right Issue

₹314.70 Cr BSE 17 Dec 2025 – 26 Dec 2026

Open Ratio: 150 : 601 BSE
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Issue Price
₹80.00
Face Value
₹1.00
Issue Size (Shares)
39,337,893
Issue Size (₹ Cr.)
₹314.70
📅 Right Issue Timetable
Last Date to Buy SharesMon, Dec 8, 2025
Record DateTue, Dec 9, 2025
Credit of Rights EntitlementsWed, Dec 10, 2025
Bid/Offer Opens OnWed, Dec 17, 2025
Issue Open DateWed, Dec 17, 2025
Renunciation Last DateMon, Dec 22, 2025
Bid/Offer Closes OnFri, Dec 26, 2025
Issue Close DateSat, Dec 26, 2026
Deemed Date of AllotmentMon, Dec 29, 2025
Credit DateTue, Dec 30, 2025
Listing DateWed, Dec 31, 2025
📋 Right Issue Details
Issue Size (Shares)39,337,893
Issue Size (Amount)₹314.70 Cr.
Issue Price₹80.00 per share
Face Value₹1.00 per share
Entitlement Ratio150 : 601
Listing AtBSE
Terms of PaymentIssue Price of Rs.80/- per Share is payable on Application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income5.183.59
EBITDA
Net Worth240.86211.41
Reserves & Surplus225.17196.68

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment of Inter Corporate Deposits availed by the Company from Godawari Power and Ispat Limited, Ardent Steel Private Limited and Hira Ferro Alloys Limited;
2Investment in Avelum Partner LLC, Kyrgyzstan, our subsidiary for further project development and enhancement of resources at its Altyn Tor Gold Mine, Kyrgyzstan;
🏢 About the Company
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.
📞 Company Contact
CompanyDeccan Gold Mines Ltd
Address501, Ackruti Trade Centre,
Road No. 7 MIDC, Andheri (East),
Mumbai, 400093
Phone91226260680
Emailinfo@deccangoldmines.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emaildeccangold.rights@in.mpms.mufg.com
WebsiteVisit ↗