DECNGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Deccan Gold Mines has finalised the terms of its Rights Issue that was originally approved on November 8, 2025. The company will issue 3,93,37,893 equity shares at Rs. 80 per share (face value Rs. 1 plus a premium of Rs. 79), aggregating to Rs. 314.70 crore. The entitlement ratio is 150 rights shares for every 601 fully paid-up shares held, with the record date set for December 9, 2025. The issue opens on December 17 and closes on December 26, 2025. Assuming full subscription, the company's outstanding equity will rise from about 15.76 crore shares to about 19.69 crore shares.
This is a dilution event for existing shareholders. Shareholders of record as of December 9 must decide to subscribe, renounce, or let their entitlements lapse by December 26. The stock may see activity around the record date and rights trading window (Dec 17–22), and shareholders should review the letter of offer for valuation context before deciding.