Deccan Gold Mines Ltd

Deccan Gold Mines Expands Stake in GMSI 🚀 Key Investment & Rights Issue Update

- Acquired 14,127 GMSI shares at ₹1,600/share, totaling ₹2.26Cr investment.

- Now holds 26% of GMSI’s paid-up equity share capital.

- GMSI approved rights issue at ₹250/share (2:1 ratio), targeting ₹200Cr fundraising.

- Board meeting on Jan 24, 2026 to discuss participation in rights issue.

- May reallocate ₹314.70Cr Rights Issue proceeds for GMSI investment (subject to approvals).