Deccan Gold Mines MD, chairman, board of directors and AGM
NSE: DECNGOLDBSE: 512068Non - Ferrous MetalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹171.60.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹3,258 Cr1,053rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 14 May 2026
- 6.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- −9.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- −11.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 May 2026
- 0.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 12,58,35351.0% delivered
Deccan Gold Mines board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonKAILASAM SUNDARAM
- Managing directorHANUMA PRASAD MODALI
- Company Secretary and Compliance OfficerSUBRAMANIAM SUNDARAM
7 directors4 independent2 executive1 non-executive
- KAILASAM SUNDARAM · ChairpersonIndependent · joined Aug 2019 · reappointed Aug 2021 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- HANUMA PRASAD MODALI · Managing directorExecutive · joined Dec 2017 · 1 listed board · 2 committee seats
- SUBRAMANIAM SUNDARAMExecutive · joined Oct 2021 · 1 listed board
- DINESH KUMAR GANDHINon-executive · joined Jul 2024 · 2 listed boards · 1 committee seat
- DEEPTHI DONKESHWARIndependent · joined Aug 2022 · reappointed Aug 2024 · 46 months as independent · 1 listed board · 1 as independent · 2 committee seats
- PANDARINATHAN ELANGOIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 months as independent · 1 listed board · 1 as independent
- VISHWAS VASANTH RAOIndependent · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 May 20267 of 7 present4 independent · 19 days in between
- 24 Apr 20267 of 7 present4 independent · 69 days in between
- 13 Feb 20266 of 7 present4 independent · 19 days in between
- 24 Jan 20267 of 7 present4 independent
Audit Committee
Chair KAILASAM SUNDARAM
HANUMA PRASAD MODALI, DEEPTHI DONKESHWAR
- 14 May 20263 of 3 present2 independent · 19 days in between
- 24 Apr 20263 of 3 present2 independent · 69 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair DEEPTHI DONKESHWAR
KAILASAM SUNDARAM, PANDARINATHAN ELANGO
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KAILASAM SUNDARAM
HANUMA PRASAD MODALI, DEEPTHI DONKESHWAR
- 13 Feb 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- V K Beswal & AssociatesPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Deccan Gold Mines AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Deccan Gold Mines share news and announcements
Annual general meeting, 29 Sep 2026
72,413 shareholders on the register on 22 Sep 2026; present: 2 promoters and 46 others; votes counted by JAYESH M. SHAH / Rathi & Associates Company Secretaries.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited Financial Statements of the Company (including Consolidated Financial Statements) for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 35.25% · promoters 100.00% · institutions 69.10% · other public 16.90%
- To appoint a director in place of Mr. Dinesh Kumar Gandhi (DIN: 01081155), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 35.25% · promoters 100.00% · institutions 69.10% · other public 16.89%
- Approval of Material Related Party Transaction(s) (in any manner or combination) between the Company and its subsidiary companyOrdinary85.15% for14.85% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 13.23% · promoters 0.00% · institutions 69.10% · other public 14.66%
- Approval of Material Related Party Transaction (s) (in any manner or combination) between the Company and its associate companyOrdinary85.15% for14.85% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 13.23% · promoters 0.00% · institutions 69.10% · other public 14.66%
- Approval of Material Related Party Transaction (s) (in any manner or combination) between the Wholly owned subsidiary Company of the Company and its subsidiary companyOrdinary85.15% for14.85% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 13.23% · promoters 0.00% · institutions 69.10% · other public 14.66%
- Approval of Material Related Party Transaction (s) (in any manner or combination) between the Wholly owned subsidiary Company of the Company and its subsidiary companyOrdinary85.14% for14.86% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 13.23% · promoters 0.00% · institutions 69.10% · other public 14.66%
- Approval of Material Related Party Transaction (s) (in any manner or combination) between the Wholly owned subsidiary Company of the Company and Logrosan Minera S.L., SpainOrdinary85.15% for14.85% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 13.23% · promoters 0.00% · institutions 69.10% · other public 14.66%
- Re-appointment of Mr Pandarinathan Elango (DIN: 06475821) as a Non-Executive Independent DirectorSpecial99.86% for0.14% against
Against: promoters 0.00% · institutions 2.54% · other public 0.01%
Turnout: all 35.25% · promoters 100.00% · institutions 69.10% · other public 16.90%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 2 Sep 2026, 4 resolutions
67,353 shareholders on the register on 26 Aug 2026; present: 2 promoters and 48 others; votes counted by JAYESH M. SHAH / Rathi & Associates Company Secretaries.The company's voting result (opens in a new tab)
Offer and issue of Compulsorily Convertible Debentures ("CCDs") by the Company with each convertible into equivalent number of Equity Shares on preferential basis through private placement for cash consideration.MoreLess
Special99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 25.57% · promoters 100.00% · institutions 50.80% · other public 4.35%
- Offer and issue of Equity Shares by the Company on preferential basis through private placement for cash considerationSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 25.57% · promoters 100.00% · institutions 50.80% · other public 4.35%
- Offer and Issue of Equity Warrants, each convertible into equivalent number of Equity Shares of the Company on preferential basis for cash consideration.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 25.57% · promoters 100.00% · institutions 50.80% · other public 4.35%
- Appointment of Mrs. Jade Gemma Devenish, (DIN: 02647675) as a Director (Non-executive and Non-Independent) liable to retire by rotation.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 25.57% · promoters 100.00% · institutions 50.80% · other public 4.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesNov 2025, checked by Infomerics Valuation and Rating Limited | 314.70 | Repayment of Inter Corporate Deposit availed by the Company from Godawari Power and Ispat Limited, Ardent Steel Private Limited and Hira Ferro Alloys Limited | 203.00 | 203.00 | No |
| Rights IssuesNov 2025, checked by Infomerics Valuation and Rating Limited | 314.70 | Investment in Avelum Partner LLC, Kyrgyzstan, the subsidiary for further project development and enhancement of resources at its Altyn Tor Gold Mine, Kyrgyzstan | 31.50 | 31.50 | No |
| Rights IssuesNov 2025, checked by Infomerics Valuation and Rating Limited | 314.70 | Funding strategic investment and acquisition to pursue inorganic growth for development of new brownfield exploration projects | 0.81 | 0.81 | No |
| Rights IssuesNov 2025, checked by Infomerics Valuation and Rating Limited | 314.70 | Subscription of Rights Issue in the Associate Company “Geomysore | 52.69 | 52.69 | No |
| Rights IssuesNov 2025, checked by Infomerics Valuation and Rating Limited | 314.70 | General Corporate Purposes | 25.20 | 25.14 | No |
| Rights IssuesNov 2025, checked by Infomerics Valuation and Rating Limited | 314.70 | Issue related expense | 1.51 | 1.51 | No |