Allotment of 39337893 equity shares of Re.1/- each (face value) at an Issue Price of Rs. 80/- per share (including a premium of Rs. 79/- per share) under Rights Issue
DECNGOLD · price
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Deccan Gold Mines has completed the allotment of 3,93,37,893 equity shares under its rights issue, as approved by the Board on December 29, 2025. Each share has a face value of ₹1 and was issued at ₹80 per share, which includes a premium of ₹79 per share. The total capital raised is approximately ₹31.47 crore. As a result, the company's paid-up equity capital has increased from ₹15.76 crore to ₹19.70 crore. The newly allotted shares will rank equally with the existing equity shares of the company.
The share dilution from the rights issue is now complete. Shareholders who did not subscribe will see their proportional holding reduced, while those who fully subscribed maintain their stake. The company has strengthened its capital base, though the purpose of the fund raise is not specified in this filing.