Description

DECCAN GOLD MINES LTD has fixed the record date for rights issue of 150 equity shares for every 601 shares held at Rs.80 per share (Re.1 face value + Rs.79 premium).

Summary

BSE has announced that DECCAN GOLD MINES LTD (Scrip Code: 512068) has fixed the record date for a rights issue of equity shares. Trading members are informed that the equity shares will be traded on an ex-rights basis from December 09, 2025. The company is offering 150 equity shares for every 601 equity shares held at an issue price of Rs.80 per share.

Key Points

  • Company: DECCAN GOLD MINES LTD (Scrip Code: 512068)
  • Record Date: December 09, 2025
  • Ex-Rights Date: December 09, 2025 (Settlement No. DR-773/2025-2026)
  • Rights 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)
  • Segment: Dematerialized Securities – Rolling Settlement Segment

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for a rights issue under existing regulations.

Compliance Requirements

  • Trading members must execute all transactions in DECCAN GOLD MINES LTD equity shares on an ex-rights basis from December 09, 2025
  • Shareholders must hold shares on or before the record date (December 09, 2025) to be eligible for the rights entitlement
  • Issue price of Rs.80 per share is payable on application by eligible shareholders

Important Dates

  • Notice Date: December 04, 2025
  • Record Date: December 09, 2025
  • Ex-Rights Basis Trading Starts: December 09, 2025
  • Settlement Number: DR-773/2025-2026

Impact Assessment

Market Impact: Medium - The rights issue will result in dilution of existing shareholding for those who do not participate. The ex-rights trading will affect the share price as the entitlement value gets separated from the stock price.

Shareholder Impact: Existing shareholders holding shares on record date will receive rights entitlement in the ratio of 150:601. They need to decide whether to subscribe, sell rights, or let them lapse.

Trading Impact: Trading members must ensure proper handling of ex-rights trading from December 09, 2025 to maintain accurate settlement and entitlement records.

Impact Justification

Rights issue affects existing shareholders of DECCAN GOLD MINES LTD with a specific entitlement ratio and requires action from eligible shareholders before record date.