Deccan Gold Mines Ltd

Deccan Gold Mines Limited disclosed that its Nomination & Remuneration Committee approved the allotment of 34,000 equity shares of Rs 1/- each to grantees under the Deccan Gold Mines Limited stock incentive plan, 2024, resulting in an increase in the company's paid-up equity share capital from Rs 20,09,70,715 consisting of 20,09,70,715 equity shares to Rs 20,10,04,715 consisting of 20,10,04,715 equity shares.

Deccan Gold Mines Limited will close its trading window for designated persons and insiders from Thursday, October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half year ended September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Deccan Gold Mines Limited announced that its Board of Directors approved the re-appointment of Mr. Pandarinathan Elango (DIN: 06475821) as an Independent Director for a second consecutive term of 5 years, commencing November 10, 2026, and ending November 09, 2031, subject to shareholder approval at the company’s 42nd Annual General Meeting. Mr. Elango, who is not liable to retire by rotation, previously served as Managing Director of Hindustan Oil Exploration Company Ltd (HOEC) from February 2015 to September 2023, during which time HOEC’s oil and gas production grew from 500 barrels of oil equivalent per day (boepd) in 2015 to 10,000 boepd in 2023.

Deccan Gold Mines Limited will convene its 42nd Annual General Meeting on Tuesday, September 29, 2026, at 11:30 A.M. IST via video conferencing, with the Register of Members and Register of Share Transfer remaining closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026, and e-voting available from Friday, September 25, 2026, at 9:00 A.M. to Monday, September 28, 2026, at 5:00 P.M. for shareholders as of Tuesday, September 22, 2026.

Deccan Gold Mines Limited informed the BSE Limited that its Board of Directors re-appointed Mr. Pandarinathan Elango as a Non-Executive Independent Director for a second term of 5 years, commencing November 10, 2026, and approved convening the company’s 42nd Annual General Meeting on September 29, 2026, with the Register of Members and Share Transfer closed from September 23, 2026, to September 29, 2026.

Deccan Gold Mines Limited held an Extra-Ordinary General Meeting on Wednesday, September 02, 2026, where shareholders approved a special resolution to offer and issue Compulsorily Convertible Debentures, Equity Shares, and Equity Warrants on a preferential basis through private placement for cash consideration, and an ordinary resolution to appoint Mrs. Jade Gemma Devenish as a Director (Non-executive and Non-Independent). The company provided remote e-voting facilities from August 29, 2026, to September 01, 2026, and e-voting during the meeting, with Mr. Jayesh M. Shah of M/s. Rathi & Associates appointed as the scrutinizer.

Deccan Gold Mines Limited announced the allotment of 22,69,000 equity shares with a face value of Rs 1 each, pursuant to its stock incentive plan, 2024, increasing the company's paid-up equity share capital from Rs 19,87,01,715 consisting of 19,87,01,715 shares to Rs 20,09,70,715 consisting of 20,09,70,715 shares. The allotment, approved by the company’s Nomination & Remuneration Committee on August 20, 2026, involved the exercise of stock options and resulted in the realization of Rs 4,53,80,000 from the exercise of 22,69,000 options.

Deccan Gold is seeking shareholder approval for resolutions related to a preferential allotment of convertible debentures, equity shares, and warrants, a move signaling a significant capital raise. Managing Director Hanuma Modali and Director Jade Gemma Devenish have a vested interest in these resolutions. Shareholders will also vote on the appointment of Jade Gemma Devenish as an Additional Director, bringing extensive experience from the Deccan Gold group and Geomysore Services India Pvt Ltd. The company disclosed ongoing legal proceedings involving its subsidiary, Deccan Exploration Services Private Limited, related to mining lease applications before the Karnataka High Court. Deccan Gold and its directors are currently compliant with listing requirements and are not designated as wilful defaulters or fugitive economic offenders.

Deccan Gold Mines Limited announced that Deepthi Donkeshwar completed her term as an Independent Director on August 8, 2026, and consequently ceased to hold that position, as disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Deccan Gold Mines Limited announced that Kailasam Sundaram, Independent Director & Chairperson, completed his second consecutive term as an Independent Director on August 7, 2026, and consequently ceased to be an Independent Director of the company.