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 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. Existing shareholders will be entitled to subscribe to 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. The stock will trade on an ex-rights basis from December 09, 2025 (Settlement No. DR-773/2025-2026).

Key Points

  • Rights ratio: 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)
  • Shares will be issued in dematerialized form only
  • Trading members must ensure transactions reflect ex-rights basis from the specified date

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action circular.

Compliance Requirements

  • Trading members must ensure all transactions in Deccan Gold Mines Ltd shares are conducted on an ex-rights basis from December 09, 2025
  • Settlement number DR-773/2025-2026 applies for the ex-rights trading
  • Members must take note of the rights entitlement ratio for client servicing

Important Dates

  • Circular Date: December 04, 2025
  • Record Date: December 09, 2025
  • Ex-Rights Date: December 09, 2025
  • Settlement Number: DR-773/2025-2026

Impact Assessment

Market Impact: Medium - The rights issue will result in capital raising by Deccan Gold Mines Ltd. The rights ratio of 150:601 (approximately 1:4 ratio) represents a moderate dilution for existing shareholders.

Shareholder Impact: Existing shareholders as of the record date will have the right to subscribe to additional shares at Rs.80/- per share. Those not participating will face dilution.

Trading Impact: The stock will trade ex-rights from December 09, 2025, which typically results in a price adjustment to reflect the rights value separation from the stock price.

Impact Justification

Standard rights issue affecting existing shareholders of Deccan Gold Mines Ltd with moderate dilution ratio of 150:601