Deccan Gold Mines Limited announced that it expects to receive INR 586.998941 million in funding
1,574,864 Compulsorily Convertible Debentures - The transaction will include paricipation from new investors U.K. Faaroook 860,585, Madhumathi Bafna 21,514, Rupal Najhawan 86,058, Shailabh Kumar Sahu 25,817, Vishal Garg 43,029, Bharti Yadav 43,029, Hastimal Premanand ji Jain 43,029, Sushiil Mehta 21,514, SG Global Enterprises / Rithu Jain 86,058, Raushnak Begum 43,029, Esha Srisrimal 21,514, Aashruth Rangarajan 43,029, lnfinitheism Siritual Foundation Private Limited 64,543, Sirish Kumar Bafna 43,029, Thiruvallar Thattai Rangarajan 86,058 and Kiran Magotra 43,029.
3,442,340 Optionally Convertible Cumulative Redeemable Preference Shares - The transaction will include participation from new investor U.K. Faaroook 3,442,340.
4,422 common shares - The transaction will include participation from new investors Fiza Qureshi 21,514 shares and Ina Dhariwal 2,908 shares. The transaction has been approved by the shareholders of the company and is subject to general shareholders which is to be held on May 08, 2024