Deccan Gold Mines announced that the President of the Kyrgyz Republic will inaugurate the Altyn Tor Gold Project on September 11, 2026. The event is part of the national Independence Day celebrations.

A landmark moment for Indian investment in Kyrgyz gold mining

The Altyn Tor Gold Project holds the distinction of being the first Indian investment in Kyrgyz gold mining to reach the production stage. The inauguration by the President of the Kyrgyz Republic underscores the significance of this development at a bilateral level. The company views this as a validation of its strategy to build a diversified, production-oriented portfolio of gold and critical mineral assets across India and international markets.

Key details of the inauguration

Subsidiary and operational specifics

The project is operated by Avelum Partner LLC, a subsidiary of Deccan Gold Mines Limited, located at the Solton-Sary (Altyn Tor) site in the Naryn region of central Kyrgyzstan. The deposit forms part of the highly mineralized Soltan Sary mineralization zone, which extends over 300km length and is part of the major Tien Shen Shear Zone.

The inauguration will be conducted online as part of the celebrations marking the Independence Day of the Kyrgyz Republic. His Excellency Mr. Sadyr N. Japarov, President of the Kyrgyz Republic, will preside over the event. Senior management personnel from both Avelum Partner LLC and Deccan Gold Mines Limited will be present at the project site on September 11, 2026. The company received official communication from the Naryn District State Administration regarding the inclusion of the enterprise in the inauguration list.

Management perspective

Dr. Hanuma Prasad Modali, Managing Director of Deccan Gold Mines Limited, described the inclusion in the national inauguration programme as a matter of immense pride. He noted that the recognition reflects the project's importance to the economic development of the Kyrgyz Republic.

Modali emphasized that Altyn Tor is not only a major milestone for the company but also holds historical significance as the first Indian investment in the gold mining sector of the Kyrgyz Republic to reach the production stage. He stated that the project represents a landmark of India-Kyrgyzstan economic partnership and a powerful validation of the vision to build a globally relevant mining company. The company remains committed to building a world-class mining operation that creates long-term value for stakeholders while strengthening economic ties between India and the Kyrgyz Republic.

Deccan Gold Mines has issued a corrigendum to the notice of its Extraordinary General Meeting (EGM) scheduled for September 2, 2026. The company filed the correction with BSE Limited on August 25, 2026.

The corrigendum addresses a technical error in the original EGM notice dated August 7, 2026. Specifically, it corrects the website link provided for shareholders to inspect the certificate from M/s. Rathi & Associates, Company Secretaries. This certificate confirms that the proposed preferential issue complies with SEBI ICDR Regulations.

Corrected Inspection Link

Shareholders can now access the Practicing Company Secretaries' certificate via the updated link on the company's investor relations page. The document remains available for inspection until the date of the EGM.

Preferential Issue Details Unchanged

The substantive terms of the preferential issue remain unaffected by this administrative correction. The aggregate size stands at ₹13,567.37 lakhs, following the earlier exclusion of allottee Mr. Rian Sumit Gala due to securities transaction violations.

Subramaniam Sundaram, Company Secretary & Compliance Officer, signed both the exclusion announcement and this corrigendum. The EGM will be held through Video Conferencing or Other Audio Visual Means.