Deccan Gold Mines Ltd allots 3,93,37,893 equity shares on rights basis

The Board of Directors (the "Board") of Deccan Gold Mines Limited vide their Circular Resolution dated December 29, 2025, considered and approved the allotment of 3,93,37,893 fully paid-up Equity Shares at an issue price of ₹ 80 per Rights Equity Share (including a premium of ₹ 79 per Rights Equity Share) to eligible equity shareholders or applicants including renouncees as the case may be pursuant to the Rights Issue.

Accordingly, the paid-up equity share capital of the Company has increased from ₹ 15,76,13,822 to ₹ 19,69,51,715 by addition of 3,93,37,893 equity shares.

The said fully paid-up Equity Shares allotted to eligible equity shareholders or applicants (renouncees) as the case may be, shall rank pari-passu in all respect with the existing fully paidup Equity Shares of the Company.

Shares of DECCAN GOLD MINES LTD. was last trading in BSE at Rs. 105.50 as compared to the previous close of Rs. 105.30. The total number of shares traded during the day was 750480 in over 7382 trades.

The stock hit an intraday high of Rs. 113.00 and intraday low of 105.00. The net turnover during the day was Rs. 81741139.00.

Source : Equity Bulls

Keywords

DECCANGOLDMINES INE945F01025 Mining SharesAllotment RightsIssue