Deccan Gold Mines Limited has announced investor presentations scheduled for February 19-20, 2026, with multiple organizations in Mumbai. The company informed BSE Limited about these meetings through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scheduled Investor Meetings

The company will conduct presentations with three organizations over two days in Mumbai. All meetings are structured as one-on-one sessions to facilitate detailed discussions with institutional investors.

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosure of material events and information. Company Secretary & Compliance Officer Subramaniam Sundaram, with membership number A12110, signed the regulatory filing dated February 18, 2026.

Company Information

Deccan Gold Mines Limited operates with its corporate office located at HSR Layout, Bengaluru, while maintaining its registered office in Mumbai's Andheri East area. The company trades on BSE Limited under scrip code 512068 and holds CIN L51900MH1984PLC034662.

The investor presentations represent part of the company's ongoing engagement with institutional investors and fund management organizations to discuss business developments and strategic initiatives.

Deccan Gold Mines Limited announced its unaudited financial results for the third quarter ended December 31, 2025, following board approval on February 13, 2026. The gold exploration and mining company reported a net loss of ₹18.62 million for Q3 FY26, representing a significant improvement from the ₹131.47 million loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's operational metrics showed mixed results during the quarter. Total income from operations increased substantially to ₹87.07 million in Q3 FY26 compared to ₹15.32 million in Q3 FY25, driven primarily by higher other operating income.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported a net loss of ₹199.69 million compared to ₹314.78 million in the corresponding period of FY25. Total income from operations for the nine-month period reached ₹204.27 million, substantially higher than ₹28.22 million in the previous year.

Major Capital Raising Initiative

Deccan Gold Mines successfully completed a significant rights issue during the period, raising ₹314.70 crores. The company allotted 3,93,37,893 fully paid-up equity shares at an issue price of ₹80 per share, including a premium of ₹79 per share. The rights issue was conducted in the ratio of 150 rights equity shares for every 601 existing fully paid equity shares held as on December 9, 2025.

Board Meeting and Audit Confirmation

The Board of Directors meeting was held on February 13, 2026, commencing at 3:20 PM and concluding at 4:15 PM. The board considered and approved the unaudited financial results for both standalone and consolidated accounts. The statutory auditors V.K. Beswal & Associates issued a limited review report with an unqualified opinion on the financial results.

Utilization of Rights Issue Proceeds

The company outlined specific purposes for the rights issue proceeds including repayment of inter-corporate deposits, investment in Avelum Partner LLC Kyrgyzstan subsidiary for project development, funding strategic investments and acquisitions for brownfield exploration projects, and general corporate purposes.

Operational Highlights

The company operates in a single segment of gold exploration and mining. During the period, Deccan Gold Mines subscribed for equity shares in Novadhatu Minerals Private Limited, a 100% subsidiary incorporated on October 27, 2025. However, this subsidiary has not commenced business operations and is not considered for consolidation.

Employee Stock Options

Under the Deccan Gold Mines Limited Stock Incentive Plan 2024, the company maintained 75,000 options outstanding and 49,75,000 options exercisable at the end of December 31, 2025. The exercise price is set at ₹20 per stock option, with vesting periods extending up to five years.

Earnings Per Share

The company reported basic earnings per share of ₹(0.11) for Q3 FY26, compared to ₹(0.84) in Q3 FY25. For the nine-month period, basic earnings per share stood at ₹(1.22) compared to ₹(2.02) in the previous year, reflecting the improved financial performance despite continued losses.