Deccan Gold Mines raises Rs 60-Cr

Publicly listed Deccan Gold Mines (DGML) has attracted INR 60 crore as under to cater to the development of its key Projects viz., Jonnagiri Gold Project, India and Altyn Tor Gold Project, Kyrgyzstan.The investors include Med Edu Care Marketing Management, Dubai and Hira Infra Tek (Hira Group, Chhattisgarh), who will convert equity warrants issued to it in September 2023 into equity shares. The two investors will also provide Inter-Corporate Deposits (ICDs) to DGML.