Deccan Gold Mines Ltd

💰 Deccan Gold Mines Invests Rs. 50 Cr in Gold Mine Development

- Raised Rs. 314.70 crore through a rights issue of equity shares.

- Rs. 50.00 crore allocated for investment in Avelum Partner LLC for gold mine development.

- Rs. 203.00 crore designated for repayment of inter-corporate deposits.

- Rs. 35.00 crore set aside for strategic acquisitions.

- Rs. 25.20 crore reserved for general corporate purposes.

- All funds held in an allotment account at HDFC Bank as of December 31, 2025.

- No deviations or delays in planned expenditures reported.

- Monitoring conducted by Infomerics Valuation and Rating Limited.