DECCAN GOLD MINES LTD.
NSE : NABSE : 512068ISIN
CODE : INE945F01025Industry : Mining & MineralsHouse
: Private
BSE116.003.6 (+3.2 % )
PREV CLOSE (Rs.) 112.40
OPEN PRICE (Rs.) 114.95
BID PRICE (QTY) 116.00 (1057 )
OFFER PRICE (QTY) 116.45 (24 )
VOLUME 70989
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 13-May-2024 | Deccan Gold Mines' arm incorporates new company | <p style="text-align: justify;">Deccan Gold Mines' wholly-owned subsidiary -- Deccan Gold-FZCO and Magnifica Group of Mozambique have incorporated a new company by the name of ‘Deccan Gold Mozambique LDA' on May 7, 2024 in which DGFZCO holds a 51% stake. Consequently, Deccan Gold Mozambique LDA will be a Step-down Subsidiary of the Company.</p><p style="text-align: justify;">The objective of incorporation is to foray into the critical minerals vertical through systematic exploration, development of the multiple critical mineral (Lithium and tantalum) concessions in Mozambique and setting up of processing plants for the production of high grade concentrates from the assets being vended into Deccan Gold Mozambique LDA. Additionally, the company will also trade (sell), internationally, in high grade ores of Lithium and Tantalum.</p><p style="text-align: justify;">Deccan Gold Mines (DGML) is the first private sector gold exploration company in India. The company has a large portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, Kerala and Rajasthan.</p> |
| 13-May-2024 | Deccan Gold Mines gains as its arm incorporates new company | <p style="text-align: justify;">Deccan Gold Mines is currently trading at Rs. 118.00, up by 0.50 points or 0.43% from its previous closing of Rs. 117.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 118.95 and has touched a high and low of Rs. 120.95 and Rs. 115.65 respectively. So far 54406 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 158.95 on 03-Nov-2023 and a 52 week low of Rs. 43.03 on 25-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 132.50 and Rs. 115.65 respectively. The current market cap of the company is Rs. 1742.16 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 25.64%, while Institutions and Non-Institutions held 1.88% and 72.48% respectively.</p><p style="text-align: justify;">Deccan Gold Mines' wholly-owned subsidiary -- Deccan Gold-FZCO and Magnifica Group of Mozambique have incorporated a new company by the name of ‘Deccan Gold Mozambique LDA' on May 7, 2024 in which DGFZCO holds a 51% stake. Consequently, Deccan Gold Mozambique LDA will be a Step-down Subsidiary of the Company.</p><p style="text-align: justify;">The objective of incorporation is to foray into the critical minerals vertical through systematic exploration, development of the multiple critical mineral (Lithium and tantalum) concessions in Mozambique and setting up of processing plants for the production of high grade concentrates from the assets being vended into Deccan Gold Mozambique LDA. Additionally, the company will also trade (sell), internationally, in high grade ores of Lithium and Tantalum.</p><p style="text-align: justify;">Deccan Gold Mines (DGML) is the first private sector gold exploration company in India. The company has a large portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, Kerala and Rajasthan.</p><div style="text-align: justify;"><br></div> |
| 09-May-2024 | Deccan Gold Mines informs about amendments to memorandum & articles of association | <div style="text-align: justify;">Deccan Gold Mines has informed that pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Circular issued by SEBI vide Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023, brief details of amendments are enclosed. Pursuant to the approval of the Members in the Extra Ordinary General Meeting held on May 08, 2024 the Extract of the revised Capital Clause, is read as under: ‘Clause V. The Authorized Share Capital of the Company is Rs 26,00,00,000 divided into 25,00,00,000 Equity Shares of Re 1 each and 1,00,00,000 Preference Shares of Re 1 each. The Company has power from time to time to increase or reduce its capital and to divide the shares in the capital for the time being into other classes and to attach thereto respectively such preferential, deferred, qualified, convertible or other special rights, privileges, conditions or restrictions, as may be determined by or in accordance with the legislative provisions for the time being in force and the Articles of Association of the Company and to vary, modify or abrogate any such rights, privileges, conversion terms, if any, or conditions or restrictions in such manner as may for the time being permitted by the Articles of Association of the Company or the legislative provisions for the time being in force in that behalf.'</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 09-May-2024 | Deccan Gold Mines informs about approval of stock incentive plan | <div style="text-align: justify;">Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Circular issued by SEBI vide Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 and approval of the Members for instituting the ‘Deccan Gold Mines Limited Stock Incentive Plan, 2024', Deccan Gold Mines has enclosed the necessary details as required under the above mentioned SEBI Circular in Annexure.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 08-Apr-2024 | Allotment of Equity Shares | Preferential Issue of shares & Increase in Authorised Capital & Employees Stock Option Plan |
| 08-Apr-2024 | Conversion of Stock Option | Preferential Issue of shares & Increase in Authorised Capital & Employees Stock Option Plan |
| 27-Mar-2024 | Deccan Gold Mines informs about trading window closure | <div>Deccan Gold Mines has informed that the trading window for dealing in securities of the Company shall remain closed for all the ‘Designated Persons' including their immediate relatives and Insiders as defined in the Company's Code and in the SEBI (PIT) Regulations, 2015 with effect from Monday, April 1, 2024 till the expiry of 48 hours after the declaration of Financial Results of the Company for the quarter and year ended March 31, 2024. The date of the Board meeting for consideration, approval and declaration of the Financial Results for the quarter and year ended March 31, 2024 will be intimated in due course.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 26-Oct-2023 | Deccan Gold Mines informs about disclosure | <div style="text-align: justify;">Deccan Gold Mines has informed that the Company has received ‘Letter of Intent' dated October 5, 2023 (received on October 26, 2023) for the Bhalukona - Jamnidih Nickel, Chromium and Associated PGE Block in Chhattisgarh from the Directorate of Geology & Mining, Government of Chhattisgarh. This is an important and significant milestone in the Company's efforts to diversify into the Critical Minerals (CM) domain. It may be pertinent to note that Government of India is giving significant thrust to exploration and mining of Critical Minerals which are essential to meet India's Green Energy Transition targets. The Company will now take steps to comply with the terms and conditions of the Letter of Intent which will facilitate the execution of Composite Licence for the Bhalukona - Jamnidih Nickel, Chromium and Associated PGE Block in Chhattisgarh.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 28-Sep-2023 | Deccan Gold Mines informs about proceedings of AGM | <p style="text-align: justify;">Deccan Gold Mines has informed that the 39th Annual General Meeting (‘AGM') of the Company was held on Thursday, September 28, 2023 through Video Conferencing (‘VC')/ Other Audio-Visual Means (‘OAVM') facility and the business mentioned in the Notice dated September 4, 2023 were transacted. The summary of proceedings of the AGM, as required under Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is attached as ‘Annexure I'. The voting results in accordance with provisions of the SEBI Regulations on the resolutions as per the Notice of AGM shall be communicated to the Stock Exchanges within two working days of the conclusion of Annual General Meeting. The said voting results will also be placed on the website of the Company. The Meeting commenced at 11:30 am (IST) and concluded at 1.00 pm.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 18-Sep-2023 | Deccan Gold Mines informs about disclosure | <p style="text-align: justify;">Deccan Gold Mines has informed that the exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Med Educare Marketing Management.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
