BSECompany Update5d ago · 25 Aug 2026, 08:07 pm

Please refer the attached letter.

Deccan Gold Mines Ltd · 512068

✦ AI SummaryFundraise

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.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

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