Deccan Gold Mines board to meet on fund-raising initiatives

Deccan Gold Mines Limited announced its board of directors will convene on Saturday, November 8, 2025, to consider proposals for raising funds. The meeting will explore the issuance of equity shares, convertible bonds, debentures, or other securities through permissible modes. These modes include a rights issue, preferential issue, or qualified institutions placement, subject to applicable regulatory approvals.

The board will also deliberate on constituting a committee for the fund-raising process. This committee will oversee the offer and allotment of equity shares and other related matters, including pricing, terms of the instrument, issue price, and overall terms and conditions in accordance with SEBI regulations.

Additionally, the trading window for dealing in company securities by designated persons and their relatives has been closed since Wednesday, October 1, 2025. It will remain closed until forty-eight hours after the announcement of the unaudited financial results (standalone & consolidated) for the quarter/half-year ended September 30, 2025.