Deccan Gold Mines completes equity investment into Geomysore Services (India)

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

12 Sep 2023 Evaluate

Deccan Gold Mines (DGML) has invested Rs 13.50 crore towards its second and final tranche of equity investment into Geomysore Services (India) (GMSI). With this investment, the Company has invested its committed investment of Rs 28.50 crore into GMSI. Earlier, on September 1, 2023, DGML made its first-tranche investment of Rs 15 crore into GMSI.

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
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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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
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