Description
DECCAN GOLD MINES LTD announces rights issue of 150 equity shares for every 601 shares held at Rs.80 per share with record date of December 09, 2025.
Summary
DECCAN GOLD MINES LTD (Scrip Code: 512068) has announced a rights issue of equity shares with a record date of December 09, 2025. The company will issue 150 equity shares of Re.1/- each at a premium of Rs.79/- per share (total issue price Rs.80/-) for every 601 equity shares held. Trading on ex-rights basis will commence from December 09, 2025 under settlement number DR-773/2025-2026.
Key Points
- Rights entitlement: 150 equity shares for every 601 shares held
- Face value: Re.1/- per share
- Premium: Rs.79/- per share
- Issue price: Rs.80/- per share (payable on application)
- Record date: December 09, 2025
- Ex-rights date: December 09, 2025
- Settlement number: DR-773/2025-2026
- Scrip code: 512068
- Segment: Equity - Dematerialised Securities Rolling Settlement
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notification for a rights issue.
Compliance Requirements
- Trading members must execute all transactions on ex-rights basis from December 09, 2025
- Shareholders on record as of December 09, 2025 will be eligible for rights entitlement
- Issue price of Rs.80/- per share must be paid on application
- Trading members are required to take note of the ex-rights trading requirements
Important Dates
- Record Date: December 09, 2025
- Ex-Rights Trading Starts: December 09, 2025
- Settlement Number: DR-773/2025-2026
- Circular Date: December 04, 2025
Impact Assessment
Shareholder Impact: Existing shareholders holding shares as of the record date will receive rights to subscribe to new equity shares at the ratio of 150:601. This represents a dilution opportunity where shareholders can maintain their proportional ownership by subscribing to the rights issue.
Trading Impact: The stock will trade ex-rights from December 09, 2025, which typically results in a price adjustment to reflect the value of the rights being separated from the stock price.
Market Operations: Trading members must ensure all transactions from December 09, 2025 onwards are executed on an ex-rights basis to maintain proper settlement and entitlement allocation.
Impact Justification
Rights issue affects existing shareholders of DECCAN GOLD MINES LTD with specific entitlement ratio and pricing, requiring investor action before record date