BSECompany Update30 Sept 2026 · 30 Sept 2026, 08:17 pm

Update on Supreme Court Proceedings relating to the Ganajur Mining Lease of Deccan Exploration Services Private Limited, a wholly owned subsidiary of the Company

Deccan Gold Mines Ltd · 512068

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Deccan Gold Mines Ltd has informed shareholders that the Supreme Court proceedings related to the Ganajur Mining Lease of its wholly-owned subsidiary Deccan Exploration Services Private Limited will continue with the company's legal team taking necessary steps to safeguard its interests.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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Deccan Gold Mines Ltd - 512068 - Update On Supreme Court Proceedings Relating To The Ganajur Mining Lease Of Deccan Exploration Services Private Limited, A Wholly Owned Subsidiary Of The Company

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October 01, 2026 Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai - 400 001 Scrip Code: 512068 Dear Sirs, Sub.: Update on Supreme Court Proceedings Relating to the Ganajur Mining Lease The Company wishes to inform shareholders that the matter relating to Indocil Silicons Private Limited came up for hearing before the Hon'ble Supreme Court on September 29, 2026. During the hearing, the Hon'ble Supreme Court directed that parties who have filed impleadment applications shall also be heard at the time of hearing of the appeals. In this context, the Company notes that Deccan Exploration Services Private Limited (DESPL), a wholly owned subsidiary of the Company whose impleadment application has already been allowed on September 5, 2023 will also have an opportunity to present its case before the Hon'ble Supreme Court related to its Ganajur Mining Lease. The Company, in consultation with its legal team, will continue to take all necessary and appropriate steps to safeguard and protect its interests in respect of the Ganajur Mining Lease (ML). Shareholders will be kept informed of any material developments in this matter as and when they occur. Yours faithfully, For Deccan Gold Mines Limited Subramaniam Sundaram Company Secretary & Compliance Officer M No.: A12110