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Deccan Gold Mines secures ₹30 crore debt for equity acquisition
short by / on Saturday, 5 July, 2025
Deccan Gold Mines secured additional ₹30 crore debt funding from Godawari Power & Ispat Ltd, bringing total to ₹80 crore. This new funding will acquire 93,750 equity shares in Geomysore Services (India) Private Limited and develop DGML's Altyn Tor Gold Project in Kyrgyzstan. The 36-month loan has a 12% annual interest and is secured by the newly acquired Geomysore shares.