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 on December 9, 2025.

Summary

DECCAN GOLD MINES LTD (Scrip Code: 512068) has announced a rights issue of equity shares with a record date of December 9, 2025. The company will issue 150 equity shares of Re.1/- each at a premium of Rs.79/- (total issue price Rs.80/-) for every 601 equity shares held. Trading will commence on ex-rights basis from December 9, 2025 (Settlement No. DR-773/2025-2026).

Key Points

  • Company: DECCAN GOLD MINES LTD (Scrip Code: 512068)
  • Rights entitlement ratio: 150 equity shares for every 601 equity 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 9, 2025
  • Ex-rights date: December 9, 2025
  • Settlement number: DR-773/2025-2026
  • Segment: 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 ensure transactions in DECCAN GOLD MINES LTD equity shares are conducted on ex-rights basis from December 9, 2025
  • Shareholders must hold shares as of the record date (December 9, 2025) to be eligible for the rights issue
  • Issue price of Rs.80/- per share must be paid on application

Important Dates

  • Record Date: December 9, 2025
  • Ex-Rights Date: December 9, 2025
  • Settlement Number: DR-773/2025-2026
  • Circular Date: December 4, 2025

Impact Assessment

Market Impact: Moderate impact on existing shareholders of DECCAN GOLD MINES LTD who will receive rights entitlement based on their holdings as of the record date. The rights ratio (150:601) represents approximately 24.96% dilution if fully subscribed.

Operational Impact: Trading members must adjust their systems to reflect ex-rights trading from December 9, 2025. Shareholders seeking to participate in the rights issue must ensure their holdings are recorded by the record date.

Financial Impact: The issue price of Rs.80/- per share (Re.1/- face value + Rs.79/- premium) represents the cost for shareholders wishing to maintain their proportional ownership in the company.

Impact Justification

Rights issue affects existing shareholders of DECCAN GOLD MINES LTD with specific entitlement ratio and record date, requiring attention for trading adjustments