DECCAN GOLD MINES LTD.

Deccan Gold Mines Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (PIT) Regulations, 2015, and the company's internal code of conduct. The window will be shut for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of the Un-Audited Financial Results for the quarter ended June 30, 2026. The specific date for the board meeting to approve these results will be communicated later.

Deccan Gold Mines Limited announced the formal inauguration of its Jonnagiri Gold Project in Andhra Pradesh by the Hon'ble Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu. This marks a significant milestone for India's gold mining sector, being the first significant private-sector gold mine since Independence. The project currently processes 1,000 tonnes of ore daily, producing 400-600 kg of gold annually, with plans to expand processing capacity to 2,500 tonnes per day, exceeding one tonne of annual gold production. The Chief Minister also announced the renaming of Jonnagiri village to "Swarnagiri" and laid the foundation stone for plant expansion, highlighting the project's potential for economic growth and employment generation in the Kurnool district. This development is seen as a catalyst for further investment in India's mining and exploration sector, reinforcing the nation's focus on domestic resource development and supply-chain security.

Deccan Gold Mines Limited has inaugurated its Jonnagiri Gold Project in Andhra Pradesh, with the Chief Minister N Chandrababu Naidu officiating the ceremony. The project, operated by associate company Geomysore Services (India) Pvt Ltd, will process 1,000 tonnes of ore daily, producing 400-600 kg of gold annually. Expansion plans aim to increase processing to 2,500 tonnes per day, yielding over 1 tonne of gold per annum. The Chief Minister announced the renaming of Jonnagiri village to Swarnagiri and pledged support for expansion. This project is highlighted as a significant step towards reducing India's gold import dependency and boosting domestic production and economic growth in the Kurnool District.

Deccan Gold Mines Ltd has completed documentation for a loan of ₹3 Crore from Modali Consultants LLP. The loan is intended for the development of the company's projects. The agreement has a tenure of 12 months with an interest rate of 12% per annum, compounded quarterly. The loan is secured by a pledge of 18,750 equity shares held by Deccan Gold Mines in Geomysore Services (India) Private Limited. The company has provided detailed disclosures as required by SEBI regulations.

Deccan Gold Mines Limited has received the runner-up award from ASSOCHAM for 'Excellence in Mineral Discovery and Exploration' for its Bhalukona Project in Chhattisgarh. The project has shown significant nickel, copper, and PGE mineralization, with five out of six drill holes intersecting potentially economic deposits. Deccan Gold aims for Bhalukona to become India's first Nickel-Copper-PGE mine, aligning with the nation's critical minerals strategy. The company, a listed entity focused on gold and critical minerals, holds diverse assets globally and aims to be a leading producer.

Deccan Gold Mines Ltd has provided a clarification to the stock exchange regarding the timeline of its corporate announcement concerning a Supreme Court order. The company explained that while the Supreme Court's order was dated June 9, 2026, it was only uploaded to the court's website on June 12, 2026. The company received the order from its legal counsel on June 15, 2026, and promptly filed the corporate announcement on the BSE Listing Centre the same day. Deccan Gold Mines emphasized its commitment to timely disclosures as per SEBI regulations.

Deccan Gold Mines Ltd has announced a significant Supreme Court judgment dated June 9, 2026, in a Public Interest Litigation (PIL). The ruling clarifies that mining lease applicants whose decisions and approvals were made before 2015 retain vested rights, even with subsequent amendments to the Mines and Minerals (Development and Regulation) Act, 1957, which mandated auctions. The Supreme Court held that such cases are not considered 'pending applications' post-2015 and are not subject to auction requirements or 2021 lapse provisions. The company's legal team is currently assessing the implications of this judgment on its pending Ganajur project proceedings. This decision could potentially impact the company's ability to secure mining leases for projects where approvals were granted prior to the 2015 amendments.

Deccan Gold Mines Ltd is making significant progress at its Altyn Tor gold project in Kyrgyzstan, with plant construction advancing well and over 250 personnel on site. Key components like the ball mill and gravity section are operational, and commissioning of the gravity section is planned for June. The company anticipates near-completion by mid-August, positioning itself to become a production-oriented mining company. This project is part of Deccan Gold's strategy to build a diversified portfolio of high-quality gold and critical mineral assets.

Deccan Gold Mines Ltd. has signed a definitive Earn-In, Option and Shareholders Agreement for the Logrosan Tungsten Project in Spain. This agreement allows Deccan Gold to progressively earn an initial 51% stake by March 2027 through an investment of EUR 1.76 million. The project holds potential for tungsten, gold, rare earth elements, tin, and niobium-tantalum. This move aligns with the global focus on resource security and strengthens Deccan Gold's critical minerals portfolio, essential for defense, aerospace, and advanced manufacturing. Exploration has identified promising scheelite (tungsten) mineralisation, with ongoing drilling to further define potential discoveries.

Deccan Gold Mines Limited has completed documentation for a loan of ₹2 Crore from Modali Consultants LLP. The loan is intended for the development of the company's projects and has a tenure of 12 months with an interest rate of 12% per annum. The loan is secured by a pledge of 12,500 equity shares held by Deccan Gold Mines in Geomysore Services (India) Private Limited. The parties involved are not related, and the transaction is not considered a related party transaction.