Deccan Gold Mines sets December 3 for rights issue approval meeting

Deccan Gold Mines Limited has informed the stock exchange that its board of directors will hold a rescheduled meeting on Wednesday, December 3, 2025. The primary agenda for this meeting is to consider and approve the terms and conditions of a proposed rights issue. This includes determining the issue price, rights entitlement ratio, the number of equity shares to be issued, the record date, and the overall issue schedule.

The company previously intimated its intention to consider and finalize these matters on November 8, 2025, and November 12, 2025. The board's decision was contingent upon receiving an "in-principle" approval from the Bombay Stock Exchange Limited (BSE).

The BSE has now granted its "in-principle" approval via a letter dated November 28, 2025. This allows Deccan Gold Mines to proceed with the rescheduled board meeting to formalize the details of the rights issue. The intimation is also available on the company's website.