BSECompany Update5d ago · 25 Aug 2026, 08:07 pm
Please refer the attached letter.
Deccan Gold Mines Ltd · 512068
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Deccan Gold Mines Ltd has revised the size of its proposed preferential issue due to a proposed allottee undertaking transactions involving sale and purchase of securities, and has excluded this allottee from the list of proposed allottees.
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Deccan Gold Mines Ltd - 512068 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015-Regarding Exclusion Of Proposed Allottee And Revision In Size Of Preferential Issue
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August 25, 2026
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Tower,
Dalal Street, Mumbai - 400 001
Scrip Code: 512068
Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015-Regarding exclusion of proposed allottee
and revision in size of Preferential Issue
Dear Sir/Madam,
We, Deccan Gold Mines Limited in connection with the proposed preferential issue of Compulsorily
Convertible Debentures (CCDs), Equity Shares and Equity Warrants pursuant to the approval sought under Item
Nos. 1, 2 and 3 of the Notice of the Extraordinary General Meeting dated August 07, 2026, hereby submit as
under:
Mr. Rian Sumit Gala, who was proposed to be allotted 1,04,220 Equity Warrants aggregating to ₹ 200.00 lakhs,
has undertaken transactions involving sale and purchase of securities. Accordingly, the Company has decided
not to allot any securities to Mr. Rian Sumit Gala under the proposed Preferential Issue and to exclude his name
from the list of Proposed Allottees.
Consequently, the proposed issue size shall stand revised as follows:
Securities to be No. of securities to No. of underlying equity shares to be allotted / Consideration (Rs. in
issued be issued equity shares (upon conversion) lakhs)
CCDs 8,57,216 8,57,216 1,645.00
Equity Shares 3,90,827 3,90,827 750.00
Equity Warrants 58,21,976 58,21,976 11,172.37
Total 71,74,239 71,74,239 13,567.37
Accordingly, the revised aggregate size of the proposed Preferential Issue shall be ₹ 13,567.37 lakhs (Rupees
One Hundred Thirty-Five Crore Sixty-Seven Lakh Thirty-Seven Thousand only).
The Company undertakes that Mr. Rian Sumit Gala shall not be allotted Equity Warrants pursuant to the
proposed Preferential Issue
We request BSE Limited to kindly take the above on record.
Yours sincerely,
for Deccan Gold Mines Limited
Subramaniam Sundaram
Company Secretary & Compliance Officer
M No.: ACS 12110