Deccan Gold Mines Limited has notified the stock exchange of an upcoming Board of Directors meeting scheduled for Thursday, May 14, 2026. The meeting will be conducted through Video-Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The primary agenda of the board meeting is to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2026. The results will be reviewed and approved on both a standalone and consolidated basis.

Trading Window Closure and Reopening

In accordance with the company's earlier communication dated March 25, 2026, the trading window for dealing in the securities of the company had been closed for designated persons and their immediate relatives with effect from April 1, 2026. The closure was to remain in effect until 48 hours from the conclusion of the board meeting convened for considering and approving the audited financial results.

With the board meeting date now confirmed, the company has intimated that the trading window for designated persons and their immediate relatives will reopen with effect from Monday, May 18, 2026.

The intimation was filed by Subramaniam Sundaram, Company Secretary and Compliance Officer (Membership No.: A12110), on behalf of Deccan Gold Mines Limited, and is dated May 08, 2026.

Deccan Gold Mines is set to make history as India's first private gold mining project prepares for launch in Andhra Pradesh. The company has announced that operations at its gold mining facility are scheduled to commence in May, marking a significant milestone in the Indian mining industry.

Project Overview

The upcoming launch represents a groundbreaking development in India's mining sector, as it will be the country's first privately operated gold mining project. Located in Andhra Pradesh, this initiative signals the entry of private enterprise into gold mining operations, which have traditionally been dominated by public sector undertakings.

Timeline and Operations

According to the announcement, the gold mining project is expected to go live in May. This timeline positions the company to begin contributing to India's domestic gold production capabilities in the coming months.

Industry Significance

The launch of this private gold mining project marks a notable shift in India's mining landscape. As the first of its kind, the project could potentially pave the way for increased private sector participation in the country's gold mining industry. The development comes at a time when India continues to be one of the world's largest gold consumers, making domestic production capabilities increasingly important for the economy.