Deccan Gold Mines Rights Issue 2025 FAQ's

Deccan Gold Mines Rights Issue 2025 price is set at ₹80 per share. The Deccan Gold Mines Rights Issue 2025 opens on Wed, Dec 17, 2025, and closes on Fri, Dec 26, 2025, for the subscription.

The allotment of Deccan Gold Mines Rights Issue 2025 is expected to happen on or about December 29, 2025 as per the issue schedule.

The credit of Deccan Gold Mines Rights Issue 2025 in Demat account is expected on or about December 30, 2025 as per the issue schedule.

Objects of the Issue:

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

1. Repayment of Inter Corporate Deposits availed by the Company from Godawari Power and Ispat Limited, Ardent Steel Private Limited and Hira Ferro Alloys Limited;
2. Investment in Avelum Partner LLC, Kyrgyzstan, our subsidiary for further project development and enhancement of resources at its Altyn Tor Gold Mine, Kyrgyzstan;
3. Funding unidentified strategic investment and acquisition to pursue inorganic growth for the development of new brownfield exploration projects;
4. General Corporate Purposes.