Deccan Gold Mines secures further funding of Rs 34.20 crore from Ardent Steel

Deccan Gold Mines Ltd. | Mining & Minerals | Metals & Mining | BSE: 512068 | NSE: DECNGOLD

28 Aug 2023 Evaluate

Deccan Gold Mines (DGML) has secured further funding of Rs 34.20 crore by way of loan from Ardent Steel, Chhattisgarh (Ardent) (Hira Group Company) for its business operations. With this further funding, the company has availed an amount of Rs 50 crore by way of loan from Ardent. This further funding will be primarily utilised for making equity investment into Geomysore Services (India).

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.

Peers

Company Name	CMP
Coal India	425.30
NMDC	80.00
Ashapura Minechem	505.70
Sandur Manganese	185.00
GMDC	538.00
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.