Deccan Gold Mines to Explore Fundraising via Equity or Bonds Ahead of Expansion Plans

Deccan Gold Mines Considers Capital Raise Through Equity or Debt Instruments

Deccan Gold Mines Ltd. is preparing to raise funds to fuel its growth and exploration projects. The company disclosed that its board will meet on November 8, 2025, to deliberate on multiple fundraising avenues, including equity shares, convertible securities, bonds, or other permissible instruments.

The board will also consider forming a dedicated fundraising committee to finalize the structure, pricing, and size of the proposed issue. The move comes amid growing investor interest in India’s mining sector and Deccan’s own ambitions to scale up operations, particularly in its Altyn Tor project in collaboration with Kyrgyzstan.

Key highlights:

• Board meeting scheduled for November 8, 2025, to discuss fundraising
• Options include equity shares, bonds, rights issue, or QIP
• Fundraising aimed at supporting exploration and expansion projects
• Company may form a committee to oversee the capital raise
• Trading window closed until 48 hours after Q2 results announcement

Sources: ScanX News, MoneyControl.