DGML_BM_Outcome_30_11_2022
Intimation of the decision of the Board Meeting held on November 30, 2022 for approving preferential allotment of equity shares and compulsorily convertible debentures under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”)
We wish to inform you that the Board of Directors of Deccan Gold Mines Limited (“Company”) at their meeting held today (i.e., November 30, 2022) have inter-alia: Approved the proposal to acquire 7,20,973 (Seven Lakh Twenty Thousand Nine Hundred Seventy Three) fully paid-up equity shares (“Acquisition Shares”) in Geomysore Services (India) Private Limited (“GMSI”) representing 44.32% of the present capital of GMSI to the