Issue of advertisement in newspapers in respect of certain matters relating to Rights issue of equity shares
DECNGOLD · price
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Deccan Gold Mines Ltd has published newspaper advertisements disclosing the completion of its Rights Issue as required by SEBI ICDR regulations. The company issued up to 3,93,37,893 equity shares at ₹80 each (face value ₹1, premium ₹79) in the ratio of 150 rights shares for every 601 held, aiming to raise up to ₹31,470.31 lakhs. The issue, which opened on December 17, 2025 and closed on December 26, 2025, received 11,864 applications for 4,86,20,491 shares with 10,964 valid applications for 4,82,86,585 shares, resulting in 122.75% subscription. BSE granted listing and trading approvals on December 30, 2025, and the rights shares commenced trading on BSE on December 31, 2025 under the same ISIN as existing shares.
Positive for shareholders as the rights issue was oversubscribed at 122.75%, indicating strong investor demand. The newly allotted shares started trading on BSE from December 31, 2025, and the credit to demat accounts was completed on December 30, 2025. Existing investors who did not exercise rights entitlements had their blocked ASBA funds unblocked.