Deccan Gold Mines allots equity shares on CCD conversion

Deccan Gold Mines (BSE: DECNGOLD) announced the allotment of 692,764 fully paid-up equity shares on June 16, 2025, following the conversion of an equal number of compulsorily convertible debentures (CCDs). These CCDs were initially issued on May 30, 2024, on a preferential basis for cash consideration to non-promoters. The issue price for the equity shares has been set at INR 116.20 per share, resulting in a total consideration of INR 80,499,176.80. The allotment was approved by the Board of Directors via circulation. Key allottees include Madhumathi Bafna, Rupal Najhawan, and SG Global Enterprises. This disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.