BSECompany Update3 Aug 2026 · 3 Aug 2026, 06:30 pm
Please refer the attached letter.
Deccan Gold Mines Ltd · 512068
✦ AI SummaryDebt Restruc.
Deccan Gold Mines Ltd has availed debt funding of Rs. 20 Crore from Hira Ferro Alloys Limited, Chhattisgarh, to be used for financing the completion and development of the Altyn Tor Gold Project in the Kyrgyz Republic.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Deccan Gold Mines Ltd - 512068 - Availing Debt Funding Of Rs. 20 Crore From Hira Ferro Alloys Limited, Chhattisgarh.
Attachments (1)
📄pdf
Download →
d75c76d1-ad8a-4ca5-9e25-298083419933.pdf
View document text
August 03, 2026
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Tower,
Dalal Street, Mumbai - 400 001
Scrip Code: 512068
Dear Sir,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
1. We write to intimate that the Company has completed the documentation regarding availing
debt funding of Rs. 20 Crore from Hira Ferro Alloys Limited, Chhattisgarh.
2. The details as required under Regulation 30 read with Schedule III- Para B of Part A of the
Listing Regulations & SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026 is enclosed as ‘Annexure I’.
Please take the above on record and acknowledge.
Yours truly,
For Deccan Gold Mines Limited
Subramaniam Sundaram
Company Secretary & Compliance Officer
Membership No.: ACS 12110
‘Annexure I’
Brief disclosure pursuant to Regulation 30 read with Schedule III- Para B of Part A of the Listing
Regulations & SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026:
Sr. Particulars Details
1 Names of the Parties to the 1. Deccan Gold Mines Limited (“Borrower”)
agreements and
2. Hira Ferro Alloys Limited (“Lender”)
2 Purpose of entering into the To be utilised primarily for financing the completion
agreement and development of the Altyn Tor Gold Project being
undertaken by Avelum Partner LLC, a subsidiary of
Deccan Gold, in the Kyrgyz Republic.
3 Size of the Agreement Rs. 20 Crores
4 Shareholding in the entity with whom Nil
the agreement is executed
5 Significant terms of the agreement (in Tenure: Repayable on or before 31.10.2026 in one
brief) special rights like right to or more tranches.
appoint directors, first right to share Interest: 12% per annum.
subscription in case of issuance of
shares, right to restrict any change in
capital structure etc.
6 Whether the said parties are related No
to promoter/promoter group/ group
companies in any manner. If yes,
nature of relationship
7 Whether the transaction would fall No
within related party transactions? If
yes, whether the same is done at
“arm’s length”
8 In case of issuance of shares to the Not Applicable
parties, details of issue price, class of
shares issued
9 In case of loan agreements, details of Borrower: Deccan Gold Mines Limited
lender/borrower, nature of the loan, Lender: Hira Ferro Alloys Limited
total amount of loan granted/taken, Nature of the loan: Debt Funding
total amount outstanding, date of Total amount of the Loan: Rs. 20 crores
execution of the loan Date of Loan agreement: August 03, 2026
agreement/sanction letter, details of Security: Pledge of 2,50,000 equity shares held by
the security provided to the lenders / the Borrower in Geomysore Services (India)
by the borrowers for such loan or in P rivate Limited.
case outstanding loans lent to a party
or borrowed from a party become
material on a cumulative basis
10 Any other disclosures related to such No
agreements, viz., details of nominee
on the board of directors of the listed
entity, potential conflict of interest
arising out of such agreements, etc
11 Details of termination or amendment of Not applicable
agreement