Deccan Gold Mines Approves Preferential Issue of Securities Worth ₹255 Cr

Deccan Gold Mines Limited's Board of Directors has approved a preferential issue of securities, including Compulsorily Convertible Debentures (CCDs), Equity Shares, and Equity Warrants, to non-promoter entities. The total issue aggregates up to ₹255.01 crore. The CCDs and Equity Warrants are convertible into equity shares within 18 months. The company also announced an Extra-Ordinary General Meeting (EGM) on September 2, 2026, to seek shareholder approval for these issuances. The issue price for all securities is fixed at ₹191.90 per unit.