StockWatch
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Precious Metals
Investment25 Aug 2026, 08:10 pm

Deccan Gold Mines revises preferential issue size to ₹13,567.37 Cr

AI Summary

Deccan Gold Mines Limited has revised its proposed preferential issue of Compulsorily Convertible Debentures (CCDs), Equity Shares, and Equity Warrants. The company decided not to allot any securities to Mr. Rian Sumit Gala, who was initially proposed to receive Equity Warrants worth ₹200.00 lakhs, due to his involvement in securities transactions. Consequently, the total issue size has been revised to ₹13,567.37 lakhs. The revised issue includes 8,57,216 CCDs, 3,90,827 Equity Shares, and 58,21,976 Equity Warrants.

Key Highlights

  • Preferential issue size revised to ₹13,567.37 lakhs.
  • One proposed allottee excluded due to securities transactions.
  • Issue comprises CCDs, Equity Shares, and Equity Warrants.
  • Company seeks BSE's record of the revised proposal.