Deccan Gold Mines has informed that a meeting of the Board of Directors of Deccan of the Company is scheduled to be held on Thursday, March 2, 2023 to, consider the proposal for allotment of equity shares and Compulsorily Convertible Debentures (CCDs) on a preferential basis under a share swap. This is pursuant to the approval accorded by the shareholders of the Company at their EGM held on December 23, 2022 and the in-principle approval granted by BSE for allotment of equity shares / CCDs.
The above information is a part of company’s filings submitted to BSE.